Jakarta, Pintu News – Ripple (XRP) has recently started a recovery wave, successfully breaking through the $2,450 zone. However, the biggest challenge is at the $2.480 to $2.50 resistance zone, where the price is currently having a hard time continuing its rise. Despite several attempts to break this resistance, Ripple (XRP) is still struggling to maintain its positive momentum.

After gaining support above $2,350, Ripple (XRP) managed to break several resistance levels including $2,420 and $2,450. However, after reaching $2.50, the price experienced strong rejection and dropped back below $2.45. Currently, Ripple (XRP) is above $2.40 and the 100-hour simple moving average, with a bullish trend line forming that provides support at $2.430 on the hourly chart of the XRP/USD pair.
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If Ripple (XRP) fails to break the $2.50 resistance zone, there is a possibility that the price will drop again. Initial support lies near $2.420, followed by the trend line. The next major support is at $2.40. If the price breaks below $2.40 and closes below it, Ripple (XRP) may continue to decline towards the $2.350 support and may even reach the $2.280 zone.
The hourly MACD indicator for Ripple (XRP) is starting to lose momentum in the bullish zone, while the RSI (Relative Strength Index) is near the 50 level, indicating current market uncertainty. With key resistances near $2,480 and $2.50, the opportunity for a breakout is still open, but requires a significant push from buyers to overcome the existing selling pressure.
With volatile market conditions, investors and market watchers should pay attention to technical indicators and existing support and resistance levels. Ripple (XRP) has the potential for further recovery, but also faces downside risks if current resistance continues to hold back price gains.
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