XRP Bulls Take Control, Eyeing $2.70 as Next Milestone
XRP, priced at $2.52, is showing bullish potential as it consolidates between $2.50 and $2.55.
Technical indicators like the MACD suggest upward momentum, but declining volume signals caution. Key moving averages support a bullish outlook, with XRP making higher lows and aiming for a breakout above $2.60.
However, resistance near $2.60 and a declining volume near that level warrant confirmation before expecting a sustained rally. If XRP breaks above $2.60 with increased volume, it could target $2.70. Traders should watch for potential retests of $2.45-$2.50 for entry opportunities.
Clever Robot News Desk 15th January 2025
