XRP is trading at $2.37, reflecting a slight decline from previous highs. Over the past week, the cryptocurrency has struggled to break through key resistance levels, while maintaining critical support. With volatility increasing, the coming week could determine XRP’s next major move.
XRP Weekly Price Action
XRP has seen a mix of downward pressure and recovery, fluctuating between $2.34 and $2.47. While bullish attempts pushed the price close to $2.50, resistance at this level has remained strong. At the same time, support near $2.03 and $2.00 has prevented further declines.
If bulls gain control, a breakout above $2.50 could lead to a rally toward $2.76 or even $3.00. However, failure to hold current support could see a drop to $1.90.
Key Support and Resistance Levels
- Support: Immediate support stands at $2.03 and $2.00, with stronger support around $1.90. A breakdown below these levels could trigger further selling pressure.
- Resistance: The critical $2.50 resistance has repeatedly blocked upward momentum. If XRP breaks this level, it could target $2.76 and $3.00 in the coming weeks.
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Next Week Price Prediction
Given the current market setup, XRP is likely to trade between $2.30 and $2.52 next week.
- Bullish Case: If XRP breaks above $2.50, expect a push toward $2.60–$2.76.
- Bearish Case: If XRP fails to hold $2.00, a drop to $1.90 is possible.
Traders should watch for volume spikes and broader market trends, as XRP’s next move will be influenced by overall crypto sentiment.
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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