XRP Faces Resistance, Bulls Tire: Implications for Future Price Movements
XRP has been hovering within a defined range of $2.00-$2.35 for the last three weeks. As the price struggles to maintain levels above $2.30, it raises questions about the strength of the bullish momentum. A drop below this psychological threshold may indicate waning interest from buyers and a cautionary sign for traders. The crypto community is watching closely to assess how XRP responds to this potential shift. Key resistance factors could either reinvigorate the bulls or signal a necessary correction. Traders must remain alert, as XRP navigates this critical period in its trading history, determining whether it can regain upward momentum in coming weeks.