XRP Market Update: Is $2.90 Within Reach After Key Resistance Break?

On Thursday, XRP is currently dancing at a price of $2.36 to $2.40 in the last hour, with a market valuation soaring to $137 billion and a 24-hour trading volume hitting $9.65 billion, bouncing between an intraday range of $2.16 to $2.452.

XRP

In the short term, XRP’s 1-hour chart is on a upward journey, marked by higher highs and higher lows, having kicked off from $2.09 on Jan. 1. The price is now flirting with resistance at $2.45, with tiny candles forming, hinting at either a moment to catch breath or a thrilling breakout. Key support lingers at $2.4, and traders might be on the lookout for either a surge past $2.45 or a dip back to $2.35 for some trading action.