Recently, XRP has shown signs of recovery after a correction that developed over the past weeks. The current price stands at $2.1320 with a slight increase.
Current Price Trend
The current price action reveals that XRP has been in a descending correction from the highs above $3.00. However, recent stabilization around the $2.00–$2.10 range may indicate potential demand.
Key Support and Resistance Levels
Support: - $2.00 – $2.10: strong horizontal support. - $1.85 – $1.90: a deeper level if $2.00 breaks. Resistance: - $2.30: immediate resistance. - $2.50 – $2.60: key swing zone.
Next Price Action Prediction
Given current structure: - Bullish scenario: XRP holds above $2.10 and pushes toward $2.30. - Bearish scenario: a close below $2.00 could invalidate the bullish bias.
XRP is at a pivotal point, and its next move will depend on holding the $2.00 support level. Monitoring indicators like MACD will be crucial for predicting the next price step.
