$XRP Holds Ground, Testing Key Resistance Levels?

#XRP has maintained a relatively steady upward movement in recent sessions, with the price consolidating near the 2.484 range. This consolidation indicates indecision but presents opportunities for both long and short traders as price action approaches critical resistance and support levels.

The 9 EMA has remained slightly above the 20 EMA, signaling mild bullish momentum in the short term. While not overly strong, this alignment suggests buyers hold slight control, provided XRP maintains its upward trajectory toward the resistance levels of 2.5151 and 2.5163.

The MACD histogram shows diminishing bullish momentum, with the MACD line and signal line converging. If the histogram flips negative, XRP could face short-term pressure. However, a rebound supported by volume could reinvigorate bullish sentiment and test higher resistances.

The RSI hovers near 57, suggesting moderate bullish momentum without entering overbought territory. This indicates that XRP still has room to push higher but must overcome resistance near 2.5163 to sustain upward momentum.

For traders:

Long Entry: A breakout above 2.5151, with strong volume confirmation, could target 2.5405.

Short Entry: Failure to hold above 2.4352 may trigger short trades targeting 2.4128 or 2.4073.

XRP remains neutral-to-bullish, with price action largely dependent on whether key resistance levels can be breached in the near term. #Ripple