Global economic tensions and regulatory developments continue to influence the action of XRP price, and digital asset shows remarkable resistance despite recent volatility.
After experiencing a significant fall of $ 2,307 in high volume, XRP has established an ascending trajectory with a series of higher minimums, which suggests a continuous impulse as it addresses resistance levels.
The technical indicators point to a possible bullish rupture, with multiple analysts that highlight the critical support at $ 2.35- $ 2.40 that must maintain the ascending continuation.
TECHNICAL ANALYSIS
- The price experienced a range of 3.76% ($ 2,307- $ 2,396) for 24 hours with an acute advantage at 4:00 pm that falls to $ 2,307 in high volume (77.9m).
- The strong support arose at a level of $ 2.32 with buyers intervening during high volume periods, particularly during the recovery of 13: 00-14: 00.
- The asset established an ascending trajectory, forming higher minimums from the bottom, with a resistance around $ 2.39 tested during the 07:00 session.
- In the last hour, XRP rose from $ 2,358 to $ 2,368, which represents a 0.42% gain with notable volume peaks at 01:52 and 01:55.
- The price increased the resistance beyond $ 2.36 to reach $ 2,366, then establishing new local maximums to $ 2,369 during the 02:03 session in substantial volume (539,987).
- Currently, it maintains the strength above $ 2,368 support level with a diminished volatility that suggests a continuous potential of the ascending trajectory.
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