XRP is currently struggling to rise above the $ 2.10 sign and decrease by more than 1 % at the time of writing this report. Despite the fluctuations, comprehensive landmarks continue.
Raising the short term?
According to the analyst Josh of Crypto World, here is a bullish difference in the short term. This has led to a few relief pools, which is very common when this type of difference highlights. This has happened before in the past few months, so nothing new.
What can happen after that?
Given the current support levels and the new upward difference, XRP is likely to witness a small bounce or some side procedures for prices in the coming days – perhaps for about a week. It is the same type of movement that was previously seen when similar patterns appeared.
Will the stock market in the United States affect XRP?
There is a lot of eyes in the US stock market, especially with the opening of Monday. If the markets continue to decrease, this may leak into encryption, which puts some downward pressure on XRP. But if the stock market finds a bottom and bounces, XRP may give a little more breathing space for this short term.
Resistance levels for viewing
In the near term, XRP faces some difficult resistance between $ 2.24 and $ 2.30 – as it was rejected before. If you can collapse over $ 230, the following obstacles are $ 2.48 and $ 2.56, then between $ 2.65 and $ 2.80.
Next day
For the next day or so, the expectation is for XRP to maintain this relief or move sideways. There are no big declining movements at the present time, so the short-term view is a bit positive-but nothing is very exciting.
