There was key resistance at $2.00, with potential for a short-term pullback.has made waves today, surging 6% and surpassing the $107 billion market cap, reigniting investor interest and raising questions about its future trajectory.
Technical indicators highlighted resistance near $2.00, a critical psychological and structural level.can sustain its upward trajectory or succumb to profit-taking amid the elevated RSI and market euphoria.The RSI of 84.49 signals overbought conditions, suggesting a potential short-term pullback as the price tests resistance near $2.
Key support lies near $1.75, a level that aligns with recent breakout zones, while $2.00 remains a psychological and technical barrier. Similarly, in late 2021, XRP experienced another significant surge, fueled by growing adoption and market speculation.
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Source: CryptoAmb - 🏆 22. / 68 Read more »