RECENT XRP price analysis ššš
XRP resumed its up move after breaking out of $1.63 on Nov. 29. The $1.97 level was expected to act as a solid resistance, but the buyers easily surpassed the level.
The XRP/USDT pair could reach $3 and later attempt a retest of the all-time high at $3.84. The sharp rally of the past few days has pushed the RSI deep into the overbought territory, which increases the risk of a sharp pullback. Traders should be ready for increased volatility and exercise caution.
The $2 level is likely to act as a strong support during pullbacks. Sellers will have to pull and maintain the price below $2 to signal a comeback.
final thoughts
sentiment available, XRP will cross its previous ATH. Still can buy and keep for multiple times profit.
