Will XRP Soar Beyond $2.80? Insights on Key Resistance and Support Levels

Coin-Turk 9 months ago 179

Ripple’s XRP ($2.22) has gained 18% over the past week, reaching $2.75. After testing the $2.80 mark, this popular altcoin experienced a slight pullback. The main factors currently influencing the market are its support and resistance levels. Bitcoin $96,144, on the other hand, is trading at $96,500, having lost over 2% in value in the last 24 hours. What lies ahead for XRP?

Can XRP’s Uptrend Continue?

XRP could maintain its upward momentum if it surpasses the $2.79 – $2.80 range. In this scenario, potential targets could be $2.96 and $3.30. If a stronger breakout occurs, prices might climb to $4.19 or even $5. However, if the market fails to break through these levels, the price may remain stagnant for a while.

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