$XRP #sevenstarcfi 🔥XRP Price Poised for a “Strong Move” Above $2.90 as Sentiment Gauges Point to Optimism👀😊
XRP’s market structure suggests that the altcoin is poised to make a run to new all-time highs.
Ripple followed the broader crypto market trend by selling off sharply, but the altcoin is still holding onto most of its 300% gains, which it accumulated in the latter part of 2024. The altcoin managed to avoid a deeper correction between January 7 and January 9, as it continues to consolidate near a downtrend line, looking for a potential breakout above the key resistance range between $2.50 and $2.60.
XRP Price Is in a Key Decision Zone
While major coins like BitcoinEther and Solana have been trending lower over the past 24 hours, XRP has been struggling to hold above $2.30, the point of control (POC) for the altcoin since it broke through $2 on December 1. A position above the POC suggests that bulls are still in control of the overall price action.