$XRP
XRP is currently trading around $2.42, showing signs of bullish strength while approaching a key resistance level. The price has ranged between $2.35 and $2.45 in the last 24 hours, reflecting cautious optimism among traders.
From a technical perspective, immediate resistance lies between $2.20 and $2.23. A successful breakout above this zone could push XRP toward $2.30 or even $2.35. On the downside, $2.10–$2.12 is a critical support level, followed by a stronger floor at $2.00. If these supports fail, a deeper pullback is possible.
The RSI on the 4-hour chart is around 64, indicating a positive trend with room for further upside. The MACD shows bullish momentum, while expanding Bollinger Bands suggest increased volatility.
For bullish traders, potential entries lie near $2.15–$2.20, targeting $2.30 or higher, with stop-losses below $2.10. Bears may consider shorting if XRP faces rejection at $2.23, with targets at $2.10 or $2.00.
XRP is at a pivotal point. A breakout above resistance could confirm a bullish trend, while failure to hold support may invite more selling. Traders should stay alert and manage risk carefully.