XRP Eyes Break Above $3.35 — Momentum if Resistance Clears
I’m constructive on XRP after the recent move above $3.25 and the 100-hour SMA; the break of the hourly bearish trend line and rising MACD/RSI suggest bullish momentum is building.
If bulls can clear the $3.350–$3.365 zone, I expect a push toward $3.40–$3.50; however, failure to breach resistance could prompt a pullback to $3.20 or lower, so I remain measured.
Analysis
Recommendation
I’d lean toward buy-on-weakness: accumulate on pullbacks into $3.20–$3.25 or wait for a confirmed breakout above $3.365 before adding; use a stop below $3.15 to limit downside risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.