XRP Price Prediction: Can Bulls Push Past $2.10 for Rally to $2.68?
The post XRP Price Prediction: Can Bulls Push Past $2.10 for Rally to $2.68? appeared on BitcoinEthereumNews.com.
XRP holds above $2.00 despite pullback, reinforcing key psychological support zone Resistance at $2.10 blocks upside, with $2.15 as the next breakout target for bulls RSI nearing oversold, suggesting potential bounce if bearish pressure continues to fade XRP, showed renewed strength following a brief pullback. After dipping slightly below the $2.03 mark, XRP rebounded, breaking into an upward trajectory that touched just above $2.10 before a slight pullback, stabilizing near $2.05 at press time. This recent price behavior suggests potential profit-taking, while the broader technical outlook presents key levels. The price has held firm above psychological support at $2.00, potentially signaling growing investor confidence. Historical support near $1.95 offers a stronger floor for long-term holders should pressure increase. Support and Resistance Define Near-Term Path XRP has recovered from brief dips, holding above immediate support zones. The area between $1.98 and $2.00 has repeatedly absorbed selling pressure, reinforcing it as a key demand zone. The $1.95 level remains a crucial historical support below that. On the upside, resistance near $2.10 remains the immediate hurdle that halted the latest rally. Additional minor resistance clusters sit around $2.07 and $2.09. If bulls push through the $2.10 mark, the next target appears to be $2.15, a zone with psychological significance and alignment with previous resistance points. The 20-day EMA at $2.22 presents further significant resistance. Related: SEC vs Ripple Latest: What Recent Twists Mean for XRP’s Future Clarity Volume Cools, Indicators Remain Bearish Trading volume dropped noticeably (down 29% over 24 hours to $4.97 billion), reflecting a possible cooldown phase as investors reassess direction. The volume-to-market-cap ratio sits at 4.17%, indicating moderate but slowing interest. The Relative Strength Index (RSI) near 37.80 remains in bearish territory, although nearing the 30-mark associated with oversold conditions, which could potentially prompt a price bounce if selling pressure…
Filed under: News - @ April 4, 2025 2:21 pm