CandleFocus XRP Price Battles Key Hurdles: Can Bulls Prevail?
2024-12-25
Author: Content Editor
The XRP price has risen above the $2.25 level and is attempting to break through the $2.350 resistance. It has formed a bullish trend line and is trading above the 100-hourly Simple Moving Average. If it can clear the resistance levels, it could continue to gain and reach levels such as $2.550 or even $2.720. However, if it fails to surpass the resistance, it may start declining and find support levels at $2.28 or $2.240. The technical indicators suggest a bearish trend, but the RSI is currently above 50.
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