XRP Eyes Breakout at $3.35 — Momentum Positive but Resistance Looms
I see XRP holding above the $3.25 zone and the 100-hour SMA, with bullish momentum after breaking a short-term bearish trend line around $3.288.
If bulls clear the $3.3650–$3.40 area, I expect a continuation toward $3.45–$3.48; the hourly MACD and RSI support further upside while momentum remains intact.
If XRP fails at $3.35–$3.3650, I would watch for a pullback to $3.29 then $3.20–$3.15 as key supports where buyers may re-enter.
Analysis
Recommendation
Watch for a decisive close above $3.3650 to consider a momentum trade; otherwise wait for a pullback to $3.29–$3.20 for lower-risk entry or reassess if price closes below $3.15.
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.