$XRP
WILL XRP RISE TO $3?
The Moving Average Convergence Divergence (MACD) displays a constant rise in the 1H time frame. Moreover, its EMA 14 & 26-days experience a similar price trend, suggesting an increase in the buying pressure for the 2nd largest altcoin in the shorter time frame.
While the 50-day EMA acts as an important resistance trend level to the XRP coin price chart, the EMA 200-day is on the verge of displaying a positive crossover. This highlights a significant rise in the price action.
How High Will XRP Price Rise?
If the price of XRP token breaks out of its important resistance zone, this could result in it heading toward its immediate price target of $2.33. A positive output from the Trump Tariff announcement could set the stage for this altcoin to head toward its higher price range of $2.50.
Conversely, a strong bearish rejection around the $2.15 range could pullback the Ripple price toward its crucial support of $2 within a short period. Furthermore, if the bearish sentiment intensifies, this could result in its plunging toward its lower grounds of $1.75 this month.