XRP🚀

$XRP the native cryptocurrency of Ripple, has been experiencing notable price movements, reflecting both market sentiment and technical indicators. As of March 8, 2025, XRP is trading at approximately $2.34, experiencing slight volatility amid broader market fluctuations. This article will provide a detailed technical analysis of XRP, covering support and resistance levels, moving averages, RSI, MACD, and potential price targets.

➢ 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗟𝗲𝘃𝗲𝗹𝘀:

• 𝑴𝒂𝒋𝒐𝒓 𝑺𝒖𝒑𝒑𝒐𝒓𝒕: $2.00 (strong historical support from previous price action)

• 𝑴𝒂𝒋𝒐𝒓 𝑹𝒆𝒔𝒊𝒔𝒕𝒂𝒏𝒄𝒆: $3.00 (a crucial psychological and technical resistance)

➢ 𝗥𝗲𝗹𝗮𝘁𝗶𝘃𝗲 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵 𝗜𝗻𝗱𝗲𝘅 (𝗥𝗦𝗜) 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝑪𝒖𝒓𝒓𝒆𝒏𝒕 𝑹𝑺𝑰: 58 (neutral-to-bullish)

RSI above 70 → Overbought conditions, indicating a potential correction.

RSI below 30 → Oversold conditions, indicating a potential rebound.

➢ 𝗣𝗿𝗶𝗰𝗲 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗙𝘂𝘁𝘂𝗿𝗲 𝗢𝘂𝘁𝗹𝗼𝗼𝗸

• 𝑩𝒖𝒍𝒍𝒊𝒔𝒉 𝑺𝒄𝒆𝒏𝒂𝒓𝒊𝒐:

If XRP breaks above $2.50, it could target $3.00 and eventually $3.50 in the coming weeks. A sustained breakout above $3.50 would confirm a long-term uptrend toward $5.00.

• 𝑩𝒆𝒂𝒓𝒊𝒔𝒉 𝑺𝒄𝒆𝒏𝒂𝒓𝒊𝒐:

If XRP fails to hold above $2.30, we could see a decline to $2.00 or even $1.80. However, the 200-day MA at $1.80 is a strong support level that could prevent further downside.

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$HEI $SPELL