🚀 XRP has experienced a strong price surge, surpassing key resistance levels and reaching its highest peak in nearly seven years, hitting $2.5 for the first time since January 2018.
📈 However, with the market showing signs of overheating, a correction phase may occur in the short term. On the weekly chart, the important support level to watch is $2, which has shifted from resistance to support. A price adjustment to this level will create an opportunity for buyers to regroup before the upward trend can continue.
On the 4-hour chart, the bullish structure is clear with higher highs and higher lows. Nevertheless, the RSI indicator shows a bearish divergence, signaling the possibility of a short-term correction.