XRP Breaks Above $3: New Rally or Temporary Spike? Key Support Levels: $3, $2.8 Key Resistance Levels: $3.3, $3.61. XRP Surges Above $3 in New Rally 2. Price Makes a Higher High 3. Bullish Momentum IntensifiesXRP has broken the resistance at $3 and reached $3.2, turning $3 into a key support level. The cryptocurrency is up by 34% in the past seven days, making it the best performer in the top ten cryptocurrencies by market capitalization. Since early December, XRP has been moving sideways inside a large range between $2 and $2.8. The price broke above the upper limit of this channel, which is now acting as support. Should buyers continue to dominate, the next targets are found at $3.3 and $3.6. The daily MACD has shown a bullish cross, and the histogram has been making higher highs. This momentum has intensified in the past two days, with all eyes on the key resistance at $3.3.

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XRP broke above $3 overnight! How high will it go?

Key Support levels: $3, $2.8

Key Resistance levels: $3.3, $3.6

1. New Rally Takes XRP Above $3

Over the last 24 hours, XRP successfully breached the $3 resistance and briefly hit $3.2. This recent breakthrough has now established $3 as a crucial support level. If buyers manage to hold this important line, there’s a strong possibility that XRP could continue climbing further.

Over the last week, the cost has increased by 34%, placing XRP at the forefront as the top performer among the top ten digital currencies ranked by total market value.

2. The Price Makes a Higher High

Starting from early December, XRP has been treading horizontally within a broad band, stretching from around $2 to $2.8. However, recently, it surged past the upper boundary of this channel, which is currently functioning as support. If buyers maintain control, potential future targets could be at $3.3 and $3.6.

3. Bullish Momentum Intensifies

Over the past week, the daily MACD experienced a bullish crossover, leading to an uptrend indicated by the histogram reaching higher peaks. This positive momentum has strengthened over the last two days, enabling the price to reach new highs. The attention now focuses on the crucial resistance level at $3.3.

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2025-01-16 17:18