The XRP is weakly released on the 3rd chart, which is not expected to have a strong or continuous optimistic momentum in the near future. There may be short -term bounces at a specific level, but there will be little increase in price.
It supports the level you can see
Currently, XRP is testing important support areas between $ 2.25 and $ 2.30. At this time, the price is steadily maintained within this range. Successfully protruding from here you can set the short -term strong trend. The identified bounce can lead the XRP to the next resistance level between $ 2.65 to $ 2.80. But the resistance of $ 2.50 can slow the momentum.
What happens if XRP stops support?
On the other hand, if the XRP does not maintain support and the price is less than $ 2.25, the potential retreat to the next intensive care support area represents $ 1.95 to $ 2.05. This price action will match the bigger side of the XRP over the last few weeks.
What will happen in the future?
Looking at a wider picture, the XRP is still maintained between $ 1.20 to $ 2.80. This range suggests that the price can experience unpredictable movements. Some analysts wish to escape, but XRP did not show clear signs of strong impulse. In particular, it continues to struggle below the major resistance level.
If the market starts to show positive momentum regarding long -term price goals, it may be possible to range $ 5 ~ $ 5.65, but it depends on the market that maintains important $ 2 support levels. The decisive rest under this support can signal a weak scenario, which can be lowered to the XRP support range and leads to more important modifications.