🔍 Technical Analysis
• Current Price: XRP is trading at around $2.55.
• Highest Price of the Day: $2.62.
• Lowest Price of the Day: $2.43.
• 24-Hour Trading Volume: Approximately $10.59 billion, indicating high trading activity.
📊 Technical Forecast
• Resistance Level: The $2.65 level is considered a key resistance point.
• Upside Target: If the bullish momentum continues, the price may reach $2.80 – $3.00 during this week.
• Support Level: The support level is expected to be at $2.23.
⚠️ Notes
• Potential Volatility: Despite the positive outlook, caution is advised regarding sudden market fluctuations that may affect the price.
• Regulatory Risks: Regulatory challenges remain, particularly concerning relationships with regulatory bodies.
Note: This information is provided for informational purposes only and should not be considered investment advice. It is always recommended to conduct necessary research and consult experts before making any investment decisions