Ripple (XRPUSD) is gaining positive momentum – Analysis – 17-03-2025 $XRP
The price of Ripple (XRPUSD) has slightly decreased during its recent trading at the momentary levels, as it attempts to gain positive momentum that may help it recover and rise again, amidst trading alongside an upward corrective trend line and continuous positive support due to trading above its simple moving average for the last 50 candles. We also notice the beginning of positive signals in the relative strength indicators, after reaching areas of severe overselling.
Therefore, our expectations indicate a scenario of the return of the currency price increase during its upcoming trades, as long as it remains stable above the level of $2.26868, targeting the resistance level of $2.47557.
Expected direction for upcoming trades: Likely to rise.
