XRP Price Rebounds from $2.5 as Demand Zone Signals Potential Surge
XRP's price fluctuated recently, dropping from $2.8 to $2.5, before recovering to $2.55.
XRP Tests Key Fair Value Gap At $2.50
- Analyst TehThomas identified $2.5 as a significant support level.
- The level has historically prompted buyer interest and price reactions.
- XRP dipped to $2.47 but rebounded quickly, indicating strong buy orders.
Future movements depend on XRP's ability to maintain the $2.5 support and break above a descending resistance trendline around $2.65.
Demand Zone To Send The Altcoin Soaring
- A successful breakout above $2.65 could lead to further gains.
- Next target is $3.00, another critical Fair Value Gap.
- Reclaiming this level may initiate an extended rally.
Currently, XRP is trading at $2.55.
