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07/16 08:43
XRP Price USD Smashes Through $3 – Is $4 Next?
XRP Price USD Smashes Through $3 – Is $4 Next?
XRP price USD rallies to $3 amid strong momentum
Ripple’s native token $XRP is having its moment. After trading sideways for weeks, XRP has surged from $2.10 to just above $3.00 in less than two weeks. This explosive move is drawing renewed interest as traders look for altcoins that can follow Bitcoin’s recent ATH.
The question now is: can XRP sustain this momentum?
Chart analysis: XRP Price powering through key levels
The XRP/USD daily chart highlights a breakout from the $2.40–$2.50 range, with the price now consolidating near $2.93. The 9 EMA (orange) and 21 EMA (green) show a steep upward slope — a clear sign of strong bullish momentum.
- Current support: $2.80
- Next resistance: $3.20
- EMA crossover: Bullish signal confirmed
- RSI: At 80.13 – deep in overbought territory
Despite the RSI being overbought, XRP is holding firm. This suggests strong demand and bullish conviction, but also raises the possibility of a short-term correction or consolidation.
XRP news and fundamentals in focus
Recent legal developments have been favourable for Ripple, pushing investor sentiment higher. Additionally, XRP's growing adoption in cross-border payments and remittance corridors is strengthening its real-world use case. The biggest push comes from the recent Trump support for crypto in the US, which makes it favorable for Ripple as a US-company.....
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