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XRP Price Holds at $2.18, Key Trendline Remains Critical for Bulls
XRP is currently trading at $2.18, maintaining a critical trendline that has supported its price since June. Key points include:
- Support level at $2.145, marking the 0.382 Fibonacci retracement.
- A decisive break below $2.145 could indicate short-term weakness.
- Resistance levels are noted at $2.20 and $2.25; breaking $2.25 may lead to further gains towards $2.69.
- Current RSI is at 46.24, indicating mid-range momentum but potential bearish divergence if prices rise without corresponding RSI strength.
The outlook is contingent on maintaining support around $2.145–$2.186 and breaking through resistance at $2.25. XRP's next price movement will depend on these key levels as liquidity decreases into the weekend.
At press time, XRP trades at $2.19.