CandleFocus XRP Battles Resistance at $2.5000, Can a Breakout Spark a Bullish Wave?
2025-02-20
Author: Content Editor
According to Egrag Crypto, XRP is currently facing a critical period, with its price at $2.5653, down by 3.59%. The resistance is seen between $2.5000 and $2.6700, and XRP is struggling to maintain its upward momentum. The $2.6567 level is crucial but has been repeatedly rejected. On the other hand, a strong support zone lies between $1.5952 and $1.7931. The market sentiment of XRP heavily depends on the entry points of traders, with those who bought at lower prices perceiving the market as bullish. March is historically bearish for XRP, and analysts predict a possible dip unless a strong pump occurs soon. The 12-hour Binance data shows a yellow moving average acting as dynamic support and resistance. A potential breakout target is at $3.3992, but failing to hold above $2.5000 could push XRP towards lower support zones.
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