XRP has been experiencing significant volatility, leaving investors anticipating the next move. The article examines key support and resistance levels, as well as short-term and long-term price forecasts.
Key Support and Resistance Levels
Currently trading at $2.40, with $2.50 serving as a key resistance level. A breakout above could lead to higher targets. Key support levels: $2.00 – $2.17, and breaking past $3.00 could begin a new bullish cycle.
Short- to Mid-Term Price Outlook
Increased buying momentum and breaking $2.50 could target $2.65 – $3.00. In the mid-term, $3.28 is possible, marking a 34.39% increase from the current price.
Long-Term Price Forecast & ATH Potential
With favorable macroeconomic conditions and regulatory clarity, XRP could reach $7.69, a 217.85% gain from the current price. Surpassing $3.50 – $4.00 may indicate a significant breakout.
XRP remains a volatile asset with the potential to reach new highs. Investors should closely monitor the $2.50 and $3.00 levels for potential bullish cycles.
