$XRP trend remains bullish on a longer-term basis, with XRP up over 400% in the past 180 days. However, short-term indicators show signs of consolidation or a potential pullback before another move higher.
Bullish Scenario: A breakout above $3.20 could lead to a rally toward $3.30 or higher.
Bearish Scenario: Failure to hold $3.00 may result in a retest of $2.93 or lower support zones.
Key Support and Resistance Levels:
Resistance:
$3.20: Recently tested but rejected.
$3.12: Intermediate level to watch if bullish momentum strengthens.
Support:
$2.93: Strong support aligned with the MA(99).
$2.78: Key support below which bearish sentiment could dominate.