BITUMAR
02/09 06:46

Ripple’s XRP is currently trading below the $2.50 mark and has drifted into the green zone. The price of XRP is currently experiencing a short-term bounce from an area of support, which lies between $2.25 and $2.30. According to analyst Josh of Crypto World, XRP were to break below this support level, with a daily candle closing under $2.25, the next key support level to watch would be around $1.95 to $2. For now, the price is holding up in this support zone.
Resistance Levels to Watch
As XRP continues its bounce, it faces resistance between $2.58 and $2.73. This zone will be crucial to monitor. If XRP breaks through this resistance and closes above $2.73 on the daily chart, we could see the next resistance levels around $2.95, followed by $3.20 and $3.30 to $3.40. These levels will be major hurdles for the price to overcome.
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