CandleFocus

XRP Now Testing Huge Supply Zone as It Crosses $1.9; Analysts Identify Next Targets to Watch

XRP is experiencing a significant rally, with its price increasing by 31% over the past week and 271% in November. Market commentators have identified a supply zone for XRP ranging from $1.75 to $1.95, and a breakout above $1.95 could lead to the next major target at $2.50. However, caution is advised as XRP's weekly RSI suggests it is overbought. Comparisons have been made to XRP's 2017 rally, and breaching the $2 level could trigger further bullish momentum. XRP is currently trading at $1.89.

Related News