Ripple's XRP has seen a rise of over six percent in the last 24 hours and is currently trading near the $2.60 levels. The cryptocurrency is holding above its 2021 high of $1.96 and has not dropped below it yet. It is currently in the fourth wave of a larger third wave within a bullish cycle, suggesting that a price range of $5 to $10 could be possible. The critical support range is between $1.50 and $1.79, and the next resistance levels to watch are $2.60, $2.73, and $2.81. If the price breaks below $2.38 and $2.17, a downside move may be expected. However, the strong support at the 2021 high should help stabilize the price, and there is no sign of a crash at the moment. Corrections are a normal part of the crypto market cycle.



Other News from Today