The latest analysis of the XRP price scheme indicates that the encrypted currency has probably reached below, with predictions of a possible rise. Looking at the daily chart of XRP, the price has been traded in a side, as it rose between the main support level and resistance. The price is currently facing resistance between $ 2.65 and $ 2.80. On the negative side, there is a large support of about $ 2.50, and under that, a stronger support zone ranging between $ 2.25 and $ 2.30.
Resistance levels
According to the analyst Josh of Crypto World, the XRP basic resistance area is between $ 2.65 and $ 2.80. The price has not yet separated this range, and until it happens, the upward movement remains limited. If XRP can close the $ 2.80 sign with confirmed candles, we may see a continuous upward movement of about $ 3. Once you reach $ 3, the price may face resistance again around this level.
Support levels
On the downside, XRP has about $ 2.50. If the price decreases less than this level, there is stronger support in the range of $ 2.25 to $ 2.30. If the price fails to keep these levels, it may indicate more negative capabilities.
Long -term predictions
In the larger time frame, XRP began a gathering in July, and continued a potential upward structure. The main support area ranges between $ 1.20 and $ 1.27, and as long as the price remains higher than this range, the upward view remains intact. This side ranges between $ 1.20 and $ 4.20 was a common style for XRP, and it may last for a while. The current price movement indicates that the upward trend may still be incomplete, and a higher break from the previous highlands ranging from 2.65 dollars to $ 2.80 to continues towards the target range from 5 to 6 dollars to the next session.
