XRP Price Analysis Points to $3 Target as Key Resistance Levels Loom
The price of XRP is at a critical juncture, according to an analysis by EGRAG CRYPTO. The setup points to $3 as a possible target if XRP can clear several resistance levels and confirm a new Wave 3 move.
The key levels that could decide whether the XRP price can move into a stronger phase are between $1.00 and $0.95, with deeper support running from $0.60 to $0.52 on the downside.
On the upside, the analysis points to $1.30-$1.60 as an important area, followed by $1.96, and then $3.00-$3.60.
A sustained close above the range of $1.30-$1.60 would strengthen the case for a stronger move toward $3.