XRP Price Prediction February 26: Can It Hold Above $2.25 or Face a Bearish Reversal?
- XRP faces key resistance at $2.35, with a breakout possibly pushing it past $2.40.
- Rising trading volume signals strong interest, but weak RSI suggests limited momentum.
- Derivatives activity surges, yet declining open interest hints at fading bullish conviction.
XRP has shown resilience in the past 24 hours, climbing 1.25% to trade at $2.29. This increase pushed its market capitalization to $132.96 billion, while the 24-hour trading volume jumped 47.98% to $11.98 billion.
This big increase in trading volume suggests growing interest in the market, which could move the price in the next few days. However, key resistance and support levels will decide if XRP can keep going up or drop again.
XRP Price Hinges on Key Support and Resistance Zones
XRP has recently tested critical support and resistance areas, which are now shaping its short-term price direction.
Immediate support is between $2.20 and $2.25. The price briefly fell below this range before bouncing back. A stronger support level is around $2.15, where XRP previously stabilized after going down.
Related: XRP Faces Crucial Test at $3.00 as SEC Case Continues
On th…
The post XRP Price Prediction February 26: Can It Hold Above $2.25 or Face a Bearish Reversal? appeared first on Coin Edition.
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XRP Price Prediction February 26: Can It Hold Above $2.25 or Face a Bearish Reversal?
- XRP faces key resistance at $2.35, with a breakout possibly pushing it past $2.40.
- Rising trading volume signals strong interest, but weak RSI suggests limited momentum.
- Derivatives activity surges, yet declining open interest hints at fading bullish conviction.
XRP has shown resilience in the past 24 hours, climbing 1.25% to trade at $2.29. This increase pushed its market capitalization to $132.96 billion, while the 24-hour trading volume jumped 47.98% to $11.98 billion.
This big increase in trading volume suggests growing interest in the market, which could move the price in the next few days. However, key resistance and support levels will decide if XRP can keep going up or drop again.
XRP Price Hinges on Key Support and Resistance Zones
XRP has recently tested critical support and resistance areas, which are now shaping its short-term price direction.
Immediate support is between $2.20 and $2.25. The price briefly fell below this range before bouncing back. A stronger support level is around $2.15, where XRP previously stabilized after going down.
Related: XRP Faces Crucial Test at $3.00 as SEC Case Continues
On th…
The post XRP Price Prediction February 26: Can It Hold Above $2.25 or Face a Bearish Reversal? appeared first on Coin Edition.
Read More