XRP Targets $2.25 Resistance Amid Rising Bullish Momentum

The crypto market is currently focused on XRP, which is experiencing a notable resurgence after overcoming recent regulatory and market challenges. The key price level to watch is $2.25, which represents a crucial resistance point that could signal further bullish movement.

Key Points on XRP Movement

  • XRP is attempting to break the $2.25 resistance level.
  • A successful breakout could lead to price targets of $2.92 and $3.40.
  • Technical indicators show positive momentum, with the Relative Strength Index (RSI) approaching 55.
  • Continued RSI growth may drive demand for XRP, enhancing upward potential.

Bearish Risks

  • The cryptocurrency faces bearish risks if it fails to surpass $2.25.
  • Weak momentum could trigger selling pressure, leading to support levels at $1.97.
  • If XRP drops below $1.97, critical support levels to monitor are $1.85 and $1.75.

XRP's future trajectory will heavily depend on its ability to maintain momentum above resistance levels while managing bearish pressures effectively.