XRP is preparing for the next price surge after a prolonged period of correction. 📈
- **Support and Resistance**: The key support levels are at $2 and $1.6, while the resistance level to break through is $2.8.
- **Return to Uptrend?**: Since the beginning of December 2024, XRP has undergone a stable correction after a fivefold increase in November. Currently, the price has risen more than 10% in the past 24 hours and may challenge the resistance level of $2.8 if this momentum continues.
- **Positive Movement**: Buyers are returning, and momentum indicators show that the trend is shifting to bullish. The daily MACD has not yet crossed bullish, but it is getting close. Trading volume remains low but can change rapidly.
- **RSI Rising**: The daily RSI has crossed bullish, signaling the return of an uptrend. If the MACD also crosses bullish, buyers may increase their presence as XRP moves forward. 🚀