$XRP
🚨 XRP Price Forecast Today: Bulls Eye $2.35 if $2.20 Support Holds Firm 🚨
XRP price remains resilient above the critical $2.20 mark, hinting at an imminent breakout toward $2.35 in the short term.
The Keltner Channel bands on the daily chart are tightening, indicating a volatility squeeze that typically precedes a major directional move.
More so, the Parabolic SAR dots have flipped below the candles since April 20, a classic technical buy signal, reinforcing the case for further upside.
Meanwhile, the Money Flow Index (MFI) reading of 57.12 indicates healthy inflows without signaling overbought conditions, offering additional room for XRP to rally sustainably.
In a bullish continuation scenario, if XRP can maintain support at $2.20, a swift push toward $2.35 resistance, aligned with the upper Keltner Channel band, becomes increasingly probable.
Conversely, a break below $2.13 could expose XRP to a retest of deeper support at $1.94, where the lower Keltner Channel band and prior demand zone converge.