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XRP Price Bounces Back: Volume Surges, Is $3.50 the Next Target? Blockonomi 21 Jan 2025

XRP Price Bounces Back: Volume Surges, Is $3.50 the Next Target? 📈

XRP

XRP experienced an 8% recovery over the last 24 hours, trading around $3.18 after bouncing from the $3.00 support level. The trading volume surged to $267.2 million, showcasing active market engagement.

The price remains above both the 50 and 100 Exponential Moving Averages (EMAs), with the Relative Strength Index (RSI) at 66.

Key resistance levels have been identified at $3.35 and $3.50, while strong support is established at $2.65.

Source: blockonomi.com ↗

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