The price of Ripple's XRP has risen by over seven percent, reaching $2.42. It has remained above the $1.96 resistance level from 2021, indicating strength and stability. There is a possibility of XRP forming another high in its price, potentially the fifth wave in an Elliott Wave pattern. A triangle pattern is also forming on a smaller timeframe, which could lead to another high before completing the triangle. Key support levels to watch are around $0.96, while immediate target areas for resistance are between $2.42 and $2.45, with higher levels at $2.54, $2.61, and $2.62. Breaking below $2.22 could signal a shift to lower levels.



Other News from Today