$XRP 🚨What's next for XRP price?🚨
XRP had a historically noteworthy year in 2024, with the cryptocurrency hitting highs of $2.9 in December. With a 10% price gain in the last seven days, XRP is off to a good start in 2025 as well.🚀
At the time of writing, XRP was down 2% in the last 24 hours to $2.36, after bulls encountered resistance around the Jan. 4 high of $2.5. The drop also mirrors slight profit-taking across the crypto market following significant gains at the year's start.
In light of this, the next key level to watch in the XRP price action is $2.24 as it trades in a symmetrical triangle pattern. If the XRP price turns down and breaks below $2.24, XRP may remain in range trading for a while.
On the other hand, a break and close above the triangle might signal the start of a fresh upward move. In this scenario, eyes will be on a decisive break of $2.5 and then $2.72. That raises the prospect of a rally to $3. 🚀