Key technical levels to watch include:
Support levels: $1.50 and then $1.0.
50-day EMA resistance: $1.9739.
200-day EMA resistance: $2.2574.
Resistance levels: $1.75, $2.0, $2.5, and $3.0.
On the daily chart, a break above $1.75 would enable the bulls to target the 50-day EMA and $2.0. A sustained move through the 50-day EMA would signal a near-term bullish trend reversal, bringing $2.2 into play. A breakout above $2.2 would pave the way toward the 200-day EMA.
A sustained move through the EMAs would reaffirm the bullish medium-term price targets.
XRP
1.6203
+1.87%