Ripple (XRPUSD) is preparing to attack a pivotal resistance - Analysis - 01-15-2025
The price of Ripple (XRPUSD) has extended its gains during its recent trading at the moment levels, so that the stock is preparing with this rise to attack the pivotal resistance level of $2.90550, in light of the dominance of the main upward trend in the short term, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, in addition to the occurrence of positive signals on the relative strength indicators, despite reaching areas of extreme saturation with buying operations.
Therefore, our expectations indicate further rise in the price of the currency during its upcoming trading, especially in the event that it breaks the aforementioned resistance of $2.90550, to then target the resistance level of $3.52593.
The expected direction for the upcoming trading: Upward $XRP