XRP has returned to familiar price levels after a recent drop. The price fluctuated between $2.00 and $2.30 and is now building momentum again.
Current Situation with XRP
According to the latest data, the current price of XRP is around $2.20. After a slight dip below $1.90, buyers quickly pushed the price back above $2.00.
Technical Analysis and Forecast
The current XRP chart shows signs of technical recovery. Indicators such as MACD and RSI point toward a bullish trend. Currently, market watchers note that the $2.30 level is a key resistance that needs to be overcome for further growth.
XRP Price Development Scenarios
If XRP can close the day above $2.30 with strong volume, it could lead to further growth toward $2.50. If the price stays within the $2.00 to $2.30 range, consolidation is likely. However, if the price drops below $2.00, it could trigger additional selling.
XRP shows positive signs following a recent drop, but to continue growing, it needs to break through the $2.30 level. Market participants are closely watching the situation.