NewsBTC
Jan 10, 2025
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XRP Price Holds Above $2.20 Amid Market Pressure

XRP Price Overview

  • XRP maintains support above $2.20 amid Bitcoin pressure.
  • Price consolidating in a range, currently below $2.350 and the 100-hourly SMA.
  • Resistance levels identified at $2.320 and $2.350 with a bearish trend line forming.
  • Recent low established at $2.235; current trading around $2.25.

Resistance and Support Levels

  • Major resistance at $2.35 or the 76.4% Fib retracement from $2.390 to $2.235.
  • Next resistance at $2.40, followed by potential targets of $2.45 and $2.50.
  • Initial support near $2.250; further support at $2.220 and $2.20.
  • A breakdown below $2.220 may lead to a decline toward $2.120.

Technical Indicators

  • Hourly MACD shows a decrease in bullish momentum.
  • RSI remains above 50.

XRP Price