XRP has shown significant activity in the market, maintaining its position after a recent strong surge.
Overview of Current XRP Situation
XRP is currently priced around $2.28 after a confident move in the early hours. This shift secured an 8% gain over the past 24 hours, backed by increased trading volume of over $5.7 billion, more than double the previous day.
Resistance Level Analysis
The short-term chart reveals a positive trend. XRP is making higher highs and higher lows, indicating buyer control. However, it faces resistance in the $2.30 to $2.32 range, where prices have been rejected multiple times.
Future Prospects
If XRP can break above $2.32 and hold above it, the next targets could be $2.50 and $2.75. The $3 mark is also in sight, which could attract more buyers. However, if the price gets rejected again at $2.32, a pullback to $2.16 or even lower could occur.
The current situation with XRP presents interesting prospects, as the resistance level at $2.30–$2.32 will be key for further price movements.
