$XRP

The relief rally climbed above the short-term resistance of $2.65 on Dec. 17, but the bulls failed to sustain the higher levels.

If buyers fail to give up much ground from the current level, the XRP/USDT pair could rally back above $2.65 and challenge the crucial resistance at $2.91. A break and close above $2.91 could pave the way for a rally to $3.50.

If the bears want to make a comeback, they will have to quickly pull the price below the 20-day EMA ($2.25). If they do so, the pair could drop to the 61.8% Fibonacci retracement level of $1.90.