Over the last 4 hours, XRP/USDT has shown moderate bullish momentum, continuing a recent upward trend. The current price is approximately 2.37 USDT, reflecting a 10.9% gain in the past 24 hours. This growth aligns with broader market optimism and Ripple's upcoming initiatives, including the anticipated RLUSD stablecoin launch. Technical indicators suggest that XRP is testing significant support levels, with potential for consolidation before another breakout.
Short-term resistance is projected in the 1.52-1.62 USDT range, while immediate support lies between 1.08 and 1.14 USDT. Investors are advised to monitor volume trends and market developments closely as these levels may influence XRP’s next moves.
This is a snapshot of XRP’s recent performance and not financial advice. Always consider broader market conditions before making investment decisions.$XRP