XRP has exhibited mixed price action over the past eight days, fluctuating between $2.29 and $2.59. After a sharp rally to $2.5920 on March 19, the price entered a consolidation phase, struggling to break key resistance levels. Currently, XRP is hovering around $2.46, with investors closely watching for the next significant move.
Recent Price Trends
XRP started the week at $2.29 before rallying to $2.59 on March 19. This surge was followed by a correction, bringing the price down to $2.43 on March 20. Since then, XRP has traded within a tight range of $2.36 to $2.48, showing signs of indecision in the market.
In the past 48 hours, XRP has remained relatively stable, fluctuating between $2.39 and $2.48. XRP is currently trading at $2.45, with slight downward pressure, indicating a possible breakout or retracement in the near term.
Key Levels to Watch
- Resistance: $2.48 remains a key barrier for further upside.
- Support: $2.39 has held strong, preventing further declines.
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XRP Price Forecast for the Next 6 Hours
- Bullish Breakout: A push above $2.48 could send XRP toward $2.50 or higher.
- Bearish Pullback: If sellers take control, XRP may drop toward $2.40–$2.42.
- Sideways Movement: With low volume, XRP could continue consolidating between $2.42 and $2.48.
With XRP tightening in a narrow range, traders should watch resistance and support levels closely. The next six hours could signal a decisive move, shaping its short-term trajectory.
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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