🚨 $XRP READY FOR A QUICK PUSH: BREAKOUT OR REVERSAL? 🚨
$XRP is currently trading at $2.5763, showing signs of recovery from its recent low of $2.5228. The price is approaching a critical resistance at $2.6263, which could trigger a short-term breakout if buyers maintain momentum. Traders eyeing an entry should consider positioning around $2.5700 – $2.5800 for a safer play. Short-term targets are set at $2.6000, followed closely by $2.6263 and an extension to $2.6400. However, any dip below the key support at $2.5500 could invalidate this move, with a stop-loss recommended at $2.5400.
With the RSI at 54, XRP has room for further upside, supported by early signs of a bullish crossover in the MACD. Traders should remain cautious but ready, as XRP is showing potential for a controlled breakout in the coming sessions.