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.



Other News from Today