XRP Price Struggles: Bulls and Bears Face Off Amid Conflicting Signals
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XRP is currently experiencing a tight trading range between $2.48 and $2.64, with significant market activity.
The 1-hour chart shows a rebound from lows near $2.47, but faces resistance around $2.60–$2.63. If XRP fails to break through $2.65, a retracement to $2.50–$2.55 is likely. The 4-hour chart reveals a consolidation between $2.50 support and $2.65–$2.70 resistance, while the daily chart shows a volatile price history, with support at $2.40–$2.50 and resistance at $2.80–$3.00.
Despite mixed technical signals, long-term moving averages suggest accumulation, with bulls aiming for higher resistance zones if key levels hold.
Clever Robot News Desk 20th February 2025