AS EVERY DAY AROUND HERE, I BRING YOU THE TECHNICAL ANALYSIS THAT CHATGPT PROVIDES ON CRYPTOS, ABOUT $XRP IT SAYS THIS. AND WHAT DO YOU THINK?
Today, December 13, 2024, XRP is maintaining a price close to $1.92-$1.94, consolidating its recent upward trend. This behavior has been driven by strong institutional interest, advancements in the adoption of its technology for cross-border payments, and expectations of favorable regulatory resolutions. In the last 24 hours, XRP has recorded a slight increase of 2.5%, standing out for its transaction volume above the weekly average.
Key factors for today:
1. Current support: It is located at $1.90, with good accumulation at this level, which could act as an entry point for new buyers.
2. Immediate resistance: At $2.00, an important psychological level that, if broken, could lead XRP to test $2.10.
3. Market sentiment: Overall, indicators show a predominance of optimism, with an RSI (Relative Strength Index) suggesting possible overbought conditions, but still with room for upward movements.
If the volume continues to increase, it is likely that XRP will attempt to break the $2 barrier before the end of the day. However, any correction could bring the price back to the mentioned support range.
