What is going on XRP #xrpcoin $XRP
🚨 As of March 20, 2025, XRP is trading at approximately $2.49, reflecting a slight increase of 0.092% from the previous close.
Recent analyses indicate that XRP has been experiencing a period of consolidation. For instance, Binance's technical analysis from last week highlighted that XRP was trading below its 7-day, 25-day, and 99-day moving averages, suggesting bearish momentum. They identified key support levels at $1.80 and $1.50, with resistance between $2.20 and $2.50. Binance
Similarly, Bitrue's analysis noted that XRP was trading around $2.28, with expectations of fluctuating between $2.22 and $2.35 on March 20, 2025. They emphasized the importance of the $2.30 resistance level and highlighted support at $2.26 and $2.20. Bitrue
In summary, XRP's current trend is characterized by consolidation within the $2.20 to $2.50 range. Traders should monitor these support and resistance levels closely, as movements beyond this range could signal a new directional trend.Binance🚨