CandleFocus Ripple Coin Rises, But Risks Falling Below The $2.80 Mark
2025-01-24
Author: Content Editor
The price of Ripple (XRP) has been experiencing an uptrend and recently broke through the $2.87 resistance barrier, peaking at $3.40. It has retraced above the breakout level and is now trading between $2.80 and $3.50. If it breaks through the $3.50 resistance, it is projected to reach $4.38, but if it fails to do so, it may fall to its recent low at $2.80. The current trend will end if XRP loses its 21-day SMA support. The price bars on the 4-hour chart are moving both below and above the 21-day moving average line, showing constant motion. Overall, this analysis and forecast represent the personal opinions of the author and should not be taken as financial advice.
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