The price of XRP made an impressive decision in the graphics. On the daily delay, XRP has now closed two consecutive daily candles above a major level of resistance to $ 2.46. This escape is an encouraging sign because it confirms a clear upward trend.
For the first time in some time, the price structure displays higher highs and higher stockings, which is exactly what traders are looking for in a positive market trend. The latter escape officially ended the previous bearish phase and marked the start of a new raised race for XRP.
Possible short -term slowdown
Although the situation as a whole is strong, short -term graphics flash a small warning. According to analyst Josh of Crypto World, a downward divergence appeared. This means that while the price is still rising, the RSI (relative force index) is starting to dive.
When this happens, this usually suggests that the Haussier rally could temporarily slow down. Thus, in the coming days, the price of XRP could either remove slightly or move aside. This is not necessarily bad news – a short recharging time can actually be healthy for the market, helping indicators like the reset RSI and preparing for the next possible increase movement.
Important price levels to come
If the price decreases, the previous resistance level from $ 2.45 to $ 2.46 should act as strong support. Regarding the increase, the next resistance titles are to be observed approximately $ 2.60, $ 2.77, $ 2.95, $ 3.15 and $ 3.30.
For the moment, the global trend for XRP remains positive, and nothing has changed much in the last 24 hours. The market structure on the daily graph continues to appear optimistic, keeping hopes alive for new gains in the coming days.
