XRP has experienced a slight decline over the past three days, reflecting the broader crypto market’s volatility. Despite minor recovery attempts, the price remains under pressure, struggling to break key resistance levels.
The data suggests XRP is in a consolidation phase, with buyers attempting to hold above the $2.36-$2.38 support zone. However, resistance at $2.43 remains a key hurdle.
In the coming days, XRP’s movement will depend on market sentiment and Bitcoin (BTC) price action. If XRP breaks above $2.43, a move toward $2.48-$2.50 is likely. A bullish breakout above $2.50 could see further gains.
However, if XRP falls below $2.36, it could test lower support at $2.35 and possibly $2.30. Traders should watch for volume increases and external market trends, as these could influence short-term price direction.
Overall, XRP remains in a critical zone, with potential for both upside and downside movement depending on market conditions.
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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