XRP Sets Sights on $2.70 as Momentum Builds at Critical Levels

XRP is consolidating around $2.40, with buyers and sellers locked in a tug-of-war after a rally from $0.57 to $2.90. Key support lies at $2.40, while resistance hovers near $2.53. Oscillators like RSI and ADX indicate strong trend potential but reveal mixed short-term signals.

While a breakout above $2.53 could propel XRP to $2.70 or even $2.90, a dip below $2.40 might trigger bearish pressure, pushing prices toward $2.20 or lower. With low trading volumes reflecting market hesitation, traders are watching closely for the next decisive move.

Clever Robot News Desk 16th December 2024

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