XRP Price Explodes 30%—Can The Momentum Continue? 🚀
XRP has witnessed a notable price surge, climbing beyond the $2.50 resistance level, with an impressive 30% increase. Prices are currently facing resistance near the $3.00 mark. Trading above $2.75 and supported by a bullish trend line, the potential for further gains remains if XRP can break past the $3.00 barrier.
Before the surge, the price had dipped to $2.00. It formed a base above $2.20, pushing through multiple resistance levels to test $3.00. Optimism persists as price consolidates around $2.75. Resistance levels are identified at $2.90 and $3.20, with potential targets beyond $3.20 approaching $3.50.
If unable to clear the $3.00 resistance, XRP might decline, with supports at $2.75, $2.62, and $2.50. The MACD shows a slowing bullish momentum with the RSI still healthy above 50, portraying a balance between buyers and sellers.
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