Important levels of XRP prices
$XRP Price It currently trades around $2.77 and integrates within a narrow range. The resistance is $3.00 and with $2.70 support, the token is ready for a critical move. According to the recent XRP NewsMarket sentiment is cautious as traders wait for a breakout confirmation.
XRP prices for the past week – TradingView
This zone became a battlefield between bulls and bears. The next breakout could determine the direction of XRP in the coming weeks.
XRP price resistance is $3.00
The $3.00 mark stands as the most important level of resistance. It is a key barrier for buyers as it is consistent with a simple 50-day moving average (SMA) at $2.96. A successful breakout of over $3.00 will not only mark the Bulls’ technical victory, but also ignite new momentum towards $3.61 and $4.00.
XRP/USD 1 Day Chart – TradingView
from now on XRP Newsa $3 breakout is considered the catalyst for the next bullish wave.
XRP price support is $2.70
On the downside, $2.70 is the first major support. XRP has recently tested this level multiple times and if not kept it, it could lower the token. The following key support is a lie of $2.50 (200-day SMA) and $2.20. in the case of XRP Price With a slip below $2.70, market sentiment will likely turn bearish with the risk of a deeper correction towards the $2.00 mark.
XRP price forecast from technical outlook
- Support Level: $2.70, $2.50, $2.20
- Resistance level: $3.00, $3.61, $4.00
- TrendLines & SMAS: The trendlines descending from the August cap have gathered, with SMAs for the 50 and 200 days remaining important momentum indicators.
Currently, XRP is trapped between downtrend line resistance and horizontal support. This is a setup that usually leads to a sudden breakout in either direction.
XRP News and Market Emotions
Recent XRP News It is mixed and has a wide token weight cryptographic volatile. However, optimism remains centered around the clarity of potential regulations and institutional adoption, which could boost XRP’s outlook.
If Bitcoin is more stable than its own important support, XRP may have an opportunity to gain momentum. Conversely, the continued weakness of the crypto market makes holding $2.70 more difficult.
