The XRP price is currently consolidating its gains above the $2.60 zone and showing positive signs. It managed to stay above the $2.50 support and formed a base, resulting in an upward move. The price has surpassed the first barrier at $2.750 and tested the next hurdle at $2.840. It is now consolidating gains and trading above the 100-hourly Simple Moving Average. The current price action is positive, with a key bullish trend line forming at $2.680. On the upside, the price may face resistance at $2.750 and $2.80, but if it continues to gain, it could reach $3.0 and even $3.050 in the near term. However, if the price fails to clear the $2.750 resistance zone, it could start a decline with initial support at $2.680 and major support at $2.60. Technical indicators suggest a bullish trend.
Content Editor ( newsbtc.com )
- 2025-02-17
XRP Price Settles After Gains—Is a Fresh Upside Move Coming?
