XRP Price Prediction for This Week š
After a 200% rally in November, $XRP is consolidating under its $1.6 resistance level. Here's what to watch:
Key Levels:
Support: $0.92
Resistance: $1.6
3 Key Takeaways:
1ļøā£ Bullish Momentum: Weekly MACD indicates strength, with higher highs on the histogram.
2ļøā£ Healthy RSI Cooldown: The weekly RSI shows reduced intensity, signaling a pause before potential gains.
3ļøā£ Breakout Potential: If consolidation ends, $1.6 could come under pressure again.
The bias remains bullish, and analysts expect another push higher once this consolidation phase wraps up. š