$XRP Currently, the cryptocurrency XRP is in a consolidation phase, showing some volatility. After reaching a local maximum of around $1.63, a decline was observed to $1.15-$1.30, indicating resistance at levels of $1.26-$1.30. For XRP to resume its growth, it is important to overcome this range. If the price rises above, targets around $1.59 and $1.95 are likely, with a long-term perspective of $2. However, the market remains in an unstable condition, and technical indicators such as RSI suggest a possible correction.
In the short term, critical support levels are located at $1.00 and $1.11. A breach of these levels could lead to further decline. At the same time, the emergence of a “golden cross” pattern hints at a possible future upward trend if the current market sentiment remains positive.
It is recommended to closely monitor key levels of resistance and support, as XRP, like the entire cryptocurrency sector, is subject to significant volatility and depends on market sentiments and external factors such as regulatory changes【9】【10】【11】.