Saad Ullah
XRP (Ripple) is crushing it today with a solid 5.23% gain, making it one of the biggest winners in crypto. The token is now testing some key levels that could decide where it heads next.
XRP (Ripple) Price Hits Local Resistance at $3
Most cryptos are having a good start to the week, and XRP is leading the charge according to CoinMarketCap data. The hourly chart shows XRP might have found resistance around the $3 mark – a pretty important psychological level.
With most of the ATR already used up, we're probably not going to see any crazy moves tomorrow. Things should stay relatively calm in the short term, which might actually be good for building a solid base.
XRP (Ripple) Price Testing Key $2.9750 Level
Looking at the bigger picture, XRP is currently testing resistance at $2.9750. This is a make-or-break moment. If the daily candle closes around this level, we could see a breakout that pushes the price toward $3.10.
That would be a pretty sweet move for XRP holders and could bring in more buyers who've been waiting on the sidelines. But if it fails here, things could get interesting in the other direction.
XRP (Ripple) Price Outlook: Watch the $2.99 Level
For medium-term predictions, it's still too early to call. The key thing to watch is how the candle closes around $2.99. If we get a long wick rejection, that could signal trouble ahead.
In that case, XRP might pull back to the $2.70 zone, where buyers would likely step in to defend the price. It's all about whether the bulls can keep control or if the bears are about to make their move.
Right now, XRP is trading at $2.9569, sitting just below that crucial resistance. The next few trading sessions will tell us if this rally has legs or if we're due for a pullback.
Saad Ullah
