XRP Tests Key Support After 72% Surge

XRP has surged nearly 72% from $0.988 to $1.698, and is now testing key support after a 20% correction.

According to data from the URPD indicator, approximately 3.2 billion XRP were traded between $1.35 and $1.38, making this one of the most important demand levels.

As long as this support holds, the next resistance barrier range to watch is between $1.60 and $1.86, with key price points at $1.60, where 1.99 billion XRP were traded; $1.68, where 1.98 billion XRP were previously traded; and $1.86, where 3.47 billion XRP were traded.

A breakout above $1.86 could pave the way for a rally toward $2.19, where another 3.12 billion XRP were previously traded.