Ripple decreased at the critical support level $ 2, with price procedures remaining. This indicates a decrease in market activity, which leads to a stage of short -term unification.

XRP price analysis

by Shayan

Daily chart

XRP was traded within a narrow range, restricted with 100 -day mobile averages, indicating that there is no frequency in the market. After a sharp drop, the price now has reached the level of decisive support of $ 2, a major field that has been held since December 2024.

Given the current low trading activity and the balance between buyers and sellers, it is expected that XRP will maintain a higher unification of this level until the increase in demand or offer is dictated the next main step.

The graph for 4 hours

In the least temporal framework, the uniformity of XRP is near the two -dollar support zone, which indicates a balance in the market.

The slightly bullish difference between the price and the RSI indicates the ability to purchase pressure to appear in the coming days.

In addition, the last basic procedure corresponds to the Wyckoff style, which increases the possibility of a short -term rise. If this scenario is run, Ripple may target $ 2.5 as its next main resistance.

Post -ripples analysis: making or breaking XRP, $ 1.5 or $ 3 comes first? He first appeared on Cryptopotato.