The price of XRP has experienced a significant increase, surpassing key resistance levels and beating Bitcoin and Ethereum in terms of performance. It broke a bearish trend line and surpassed important Fibonacci retracement levels. However, the price is facing resistance at the $2.475 level, which corresponds to a Fibonacci retracement level. If it fails to break this resistance, a decline may occur with initial support at the $2.280 level. On the upside, if it clears the $2.50 resistance, the price could continue to rise towards the $2.880 level. Technical indicators such as MACD and RSI suggest a bullish momentum for XRP.
- Content Editor ( newsbtc.com )
- 2024-12-12
XRP Price Winning Streak: Is More Upside on The Horizon?