Peter Smith
XRP (Ripple) gained 2.13% in the last 24 hours, putting it on track to test key resistance levels. The coin is currently trading at $2.2643 and looking ready for its next big move.
XRP (Ripple) Approaches Critical $2.30 Breakout Zone
Right now, XRP is heading toward the $2.2849 resistance on the hourly chart. If it can close around that level today, we might see it test the $2.30 zone tomorrow. That's a pretty important level that traders are watching closely.
The crypto market has been mostly green today, which is helping XRP's rally. When the broader market is bullish, individual coins like XRP often get a nice boost from the positive sentiment.
XRP (Ripple) Could Blast to $2.45 Range on Breakout
Looking at the bigger picture, XRP is getting close to a major resistance at $2.3293. Here's where things get interesting - if XRP breaks through this level, all that built-up buying pressure could send it flying toward the $2.35-$2.45 range.
Think of it like a spring that's been compressed. The longer XRP stays below this resistance, the more explosive the move could be when it finally breaks through. Volume and momentum will be key here.
XRP (Ripple) Stuck in Wide Trading Range for Now
From a longer-term view, XRP isn't going anywhere fast. It's trapped in a wide channel between $1.7711 support and $2.59 resistance. Since it's sitting right in the middle of this range, don't expect any crazy moves anytime soon.
This sideways action might actually be healthy for XRP. It's giving the coin time to build a solid base before the next big move. The $1.7711 support has held up well during recent dips, while $2.59 remains a tough nut to crack.
Bottom line: XRP needs to break above $2.3293 to get the party started. Until then, it's likely to keep bouncing around in this range.
Peter Smith
