XRP Eyes Break Above $3.35—Watch $3.365 for Confirmation
I see XRP showing constructive near-term momentum after breaking an hourly bearish trendline and holding above the 100-hour SMA and the $3.25 zone. The market formed a short-term high near $3.35 while RSI and MACD remain bullish.
If bulls can clear the $3.365–$3.40 area, I expect a run toward $3.45–$3.50 and possibly $3.48–$3.50. Conversely, failure at $3.35 could prompt a pullback to $3.29–$3.20 and, if that breaks, toward $3.15–$3.08 where buyers may re-enter.
Analysis
Recommendation
Buy on weakness: consider scaling in on pullbacks toward $3.20–$3.15 or wait for a confirmed hourly close above $3.365 for a momentum entry; manage risk if price falls below $3.08.
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.