The broader crypto market is experiencing a bullish surge, with Bitcoin trading above $86,000. ADA has gained 16% in the last 24 hours, while Ripple's XRP has also bounced back and is up over 6%. However, analyst Josh of Crypto World points out that XRP is showing bearish divergence on the 3-day time frame, indicating a potential lack of a strong bullish trend. The price is currently bouncing from a support zone between $2.25 and $2.30, and if it breaks below, it could drop to the next support zone at $2. There is currently a lack of momentum, suggesting sideways movement in the short term. Key resistance levels to watch are between $2.65 and $2.80, with additional resistance at $3.00 and a possible short-term resistance at $2.50.



Other News from Today