$XRP

Support and Resistance Areas:

• Resistance Areas:

• Current resistance at $2.30: If broken, the price may head towards $2.50 and possibly $3.00, which are key historical levels.

• Support Areas:

• First support at $2.00: In case of correction, the price may rebound from this level.

• Next support at $1.50: It represents strong support if selling pressure continues.

Technical Indicators:

1. Monthly Candles:

• The last candle is long green, indicating strong bullish momentum, but attention should be paid to the possibility of correction after this sharp rise.

2. Trading Volume:

• A significant increase in trading volumes (19.204 billion), which enhances investor confidence and indicates great activity in the market.

3. Long-term Trend:

• The general trend shows a positive shift from sideways movement to upward movement.

Upcoming Expectations:

1. If the bullish momentum continues:

• The resistance at $2.30 may be broken, targeting $2.50 or $3.00 levels.

2. If a correction occurs:

• The price is expected to decline towards $2.00, a strong support area that may witness a rebound.