XRP Price Dips Before Surging: Bulls Take Charge In A Dramatic Rebound 📈
XRP price experienced a sharp decline, testing the $2.650 support zone before showing signs of recovery above $3.00. This rebound comes after a downward movement below $3.00, as the price now struggles against resistance at $3.10 and $3.12. The price dipped below key support levels, forming a low at $2.6562 but managed a sharp increase afterwards.
Despite the correction, XRP's path is hindered by resistance levels, with potential for further gains if the $3.150 resistance is cleared. Should another decline occur, key support levels exist at $3.00, $2.950, and potentially down to the $2.750 zone. Technical indicators show a bullish MACD and RSI above 50.
Source: www.newsbtc.com ↗
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