Ripple’s XRP is currently to the Green Zone and trades over $ 2.70 after getting 6 % in the past 24 hours. According to the analyst, XRP price on the daily time frame is currently re -testing a large resistance area between $ 2.65 and $ 2.80. This region has already caused multiple rejection operations, making it a decisive level next day. If the resistance is exceeded at $ 2.80 and turns into support, then the next main resistance point will be about 3 dollars.
A possible upper style in playing
The collapse above $ 2.80 can refer to the formation of a “cup and upward” style. However, this style has not yet been confirmed. To check health, a daily closure is required over $ 2.80. If the completion occurs, the targeted technical price will be close to the highest level ever at $ 3.37, or less than $ 3.40.
Short -term expectations: Watch the confirmation
Currently, the XRP price is likely to continue the resistance around the range of $ 2.65 – $ 2.80. Another rejection of this level is possible, which leads to a necessary outbringing before assuming the upholstery. On the support side, XRP has a small level of support near $ 2.50. Below, the next important support area ranges between $ 2.25 and $ 2.30.
Short -term differences: relief marks
The bullish difference was confirmed in the short term, which nullified the previous declining difference that was played during the past week. The price was formed by less than its lowest levels, while RSI showed the lowest levels, which means the possibility of upscale relief pools. This relief is currently as expected. This difference indicates more progressive progressive movement or at least a side price with resistance near $ 2.80.
