The post XRP faces ‘now or never’ moment as traders eye rally to $2.50 appeared on BitcoinEthereumNews.com. XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance? XRP (XRP) defended its $2 psychological floor this week, rebounding almost 6% on Tuesday after a brief liquidity sweep on Monday. While the asset remained in a multimonth downtrend dating back to July, the $2.28–$2.30 resistance band now stands as the defining pivot for bullish continuation. Key takeaways: A bullish daily close above $2.30 would confirm a break of structure and possibly lead to a move to $2.58. Read more Source: https://cointelegraph.com/news/xrp-faces-now-or-never-moment-as-traders-eye-rally-to-dollar2-50?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inboundThe post XRP faces ‘now or never’ moment as traders eye rally to $2.50 appeared on BitcoinEthereumNews.com. XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance? XRP (XRP) defended its $2 psychological floor this week, rebounding almost 6% on Tuesday after a brief liquidity sweep on Monday. While the asset remained in a multimonth downtrend dating back to July, the $2.28–$2.30 resistance band now stands as the defining pivot for bullish continuation. Key takeaways: A bullish daily close above $2.30 would confirm a break of structure and possibly lead to a move to $2.58. Read more Source: https://cointelegraph.com/news/xrp-faces-now-or-never-moment-as-traders-eye-rally-to-dollar2-50?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

XRP faces ‘now or never’ moment as traders eye rally to $2.50

XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance?

XRP (XRP) defended its $2 psychological floor this week, rebounding almost 6% on Tuesday after a brief liquidity sweep on Monday. While the asset remained in a multimonth downtrend dating back to July, the $2.28–$2.30 resistance band now stands as the defining pivot for bullish continuation.

Key takeaways:

A bullish daily close above $2.30 would confirm a break of structure and possibly lead to a move to $2.58.

Read more

Source: https://cointelegraph.com/news/xrp-faces-now-or-never-moment-as-traders-eye-rally-to-dollar2-50?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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