Over the past 200 hours, XRP has displayed notable price movements, fluctuating within a defined range as traders navigate market conditions. XRP is trading around $2.48, reflecting a modest 0.03766% increase from its previous close. The cryptocurrency has seen an intraday high of $2.50 and a low of $2.39, highlighting a period of consolidation after previous volatility.
Recent XRP Price Performance
Examining the 30-minute chart over the last 200 hours, XRP has remained within a key trading range of $2.36 to $2.50. Notably, on March 22, 2025, the coin closed at $2.3907, marking a 0.45% increase from the prior session. This suggests an attempt by bulls to regain control.
During this period, XRP experienced several retests of support at $2.36, indicating strong buying interest at lower levels. Meanwhile, resistance near $2.50 has kept upside movements in check, suggesting a need for stronger momentum to push higher.
Projection: What’s Next for XRP?
- Bullish Scenario: If XRP manages to break above the $2.50 resistance, it could trigger a rally toward $2.60-$2.70, where sellers might step in. Increased trading volume and positive sentiment from the broader crypto market could fuel this upward move.
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- Bearish Scenario: If XRP fails to hold above $2.39 support, a decline toward $2.36 or lower could occur. A drop below this key level might expose $2.30, opening the door for further downside.
- Neutral Outlook: XRP could remain range-bound between $2.36 and $2.50, consolidating before a decisive breakout.
Traders should watch volume trends and key support/resistance zones for confirmation of XRP’s next move. A break above $2.50 signals bullish momentum, while a failure to hold $2.36 could invite selling pressure.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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