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XRP Could Rise Sharply If It Overcomes This Important Barrier
According to famous cryptocurrency analyst Ali, this token could be preparing for a strong bullish trend if it surpasses the resistance level of $2.33. His latest chart indicates that breaking through this level could open the door for a move towards $2.60.
At the time of analysis, XRP is trading at around $2.26, bullish 1.84% in the last 24 hours and 3.3% over the week. With a market capitalization exceeding $133 billion and a 24-hour trading volume of nearly $1.75 billion, this asset continues to maintain strong liquidity and investor interest. The main technical levels Support and resistance areas on the chart include: Immediate resistance level: $2.33 – A decisive closing above this level could signal a breakout. Next target (Resistance ): $2.60 – Ali's bullish forecast target if the upward momentum remains intact. Support zone: Around $2.15 – The price level at which XRP has recovered multiple times, acting as an important bottom threshold in the short term. Market participants will closely monitor the breakout above the $2.33 level, which could signal a shift in momentum and create new buying pressure. If the bullish sentiment continues, XRP could ultimately revisit levels not seen since the last major bullish run, providing traders with potential opportunities to ride the next bullish wave.