đź‘€ Possible scenario:
XRP trades around $2.20, a key level. A breakout could lift it to $2.50, but a drop below the 200 EMA risks a fall to $2 or $1.80. RSI is near oversold, hinting at a rebound, though weak volume keeps bulls cautious.
Despite ongoing SEC uncertainty, institutional interest may be rising. BitGo plans a $100M XRP purchase for VivoPower, backed by $121M. Also, Classover (KIDZ) and Solana Growth Ventures launched a $500M crypto fund—a trend XRP advocate John Deaton sees as more than hype. Technicals support a bullish case. 'Charting Prodigy' sees a potential breakout above $2.56, targeting $2.90–$3.40. Egrag Crypto forecasts possible double-digit prices—up to $55—if XRP breaks the 21-week EMA within its long-term uptrend.
âś… Support and Resistance Levels
Now, the support level is located at 2.1400.
Resistance levels is now located at 2.2080.
XRP trades around $2.20, a key level. A breakout could lift it to $2.50, but a drop below the 200 EMA risks a fall to $2 or $1.80. RSI is near oversold, hinting at a rebound, though weak volume keeps bulls cautious.
Despite ongoing SEC uncertainty, institutional interest may be rising. BitGo plans a $100M XRP purchase for VivoPower, backed by $121M. Also, Classover (KIDZ) and Solana Growth Ventures launched a $500M crypto fund—a trend XRP advocate John Deaton sees as more than hype. Technicals support a bullish case. 'Charting Prodigy' sees a potential breakout above $2.56, targeting $2.90–$3.40. Egrag Crypto forecasts possible double-digit prices—up to $55—if XRP breaks the 21-week EMA within its long-term uptrend.
âś… Support and Resistance Levels
Now, the support level is located at 2.1400.
Resistance levels is now located at 2.2080.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.