$XRP

technical analysis by ai!

XRP is trading at $2.34 (+7.34%) with a daily range between $2.18 – $2.35.

Short-term and long-term moving averages are showing buy signals, while the 50-day EMA indicates a sell.

Momentum indicators remain neutral: RSI is 59.02, MACD is 0.02, and Stochastic RSI is 28.94.

Overall, 25 indicators are bullish and 3 are bearish, suggesting a positive bias.

XRP has broken out of a descending channel, and Bollinger Bands are tightening, indicating a potential surge in volatility.

However, trading volume is still low, which is critical for confirming any breakout.

Key support levels are found at $2.19, $2.12, and $2.06.

Resistance levels are at $2.31, $2.37, and $2.44.

If XRP closes above $2.31 with strong volume, it could rally toward higher targets.

The overall outlook remains bullish, but an increase in volume is necessary for strong confirmation.