🚀 XRP Price Breakout Incoming? 🚀
XRP is showing strong momentum, currently trading at $2.52, up 4.71% in the last 24 hours. With a massive $22.49B trading volume, XRP is gaining attention as one of the top-performing Layer 1 coins.
📊 Key Technical Levels:
🔹 Resistance Levels:
- $2.75 – Short-term resistance, needs to break for further upside.
- $3.00 – Psychological barrier; breaking this confirms a stronger bullish trend.
- $3.38 – The last cycle high; a breakout here could push XRP toward new highs.
🔹 Support Levels:
- $2.30 – Strong near-term support; buyers expected.
- $2.00 – Psychological support; key for maintaining momentum.
- $1.85 – 50-day moving average; critical level to hold in case of pullbacks.
Market Sentiment & Indicators:
✅ Bullish Trend Confirmed!
😨 Fear & Greed Index at 15 (Extreme Fear) – This suggests potential accumulation by smart money before a bigger rally.
📊 High Trading Volume – $22.49B liquidity indicates strong interest.
What’s Next for XRP?
If XRP breaks $3.38, it could rally toward $5+ 🚀.
However, if it fails to hold above $2.30-$2.00, short-term corrections may occur.
Comments
Post a Comment