These 3 key RSI levels reveal the next move for XRP price🔥🔥🔥

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XRP's RSI levels provide important insights

The relative strength index (RSI) of XRP on a monthly timeframe offers significant clues for potential price movements. Analysts identify 74, 70, and 65 as key RSI levels.

As of the time of writing, the monthly RSI indicator is 78.29, indicating strong bullish momentum. If the RSI drops to 70, it may reflect bearish momentum, while 65 is the last line of defense to maintain upward momentum.

Technical analysis and market sentiment

Analysts observe that the Bollinger Bands on XRP's daily chart are tightening, suggesting that a low volatility period could lead to a significant price breakout or collapse. $2.12 is a key resistance level for bulls to reclaim, while $2.75 is the next important target. Over the past seven days, XRP's price has fallen by 4.88%, dropping from a high of $2.23 to $2.00, before recovering to $2.12.

Expert predictions and warnings

Experts predict that if Ripple breaks through resistance levels of $2.60, $2.65, and $2.75, it could rise to $4. However, they warn that if it fails to hold the support level of $2, it may trigger bearish momentum, dragging XRP's price down to $1.22.

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