XRP Price Alert March 26th: Can Bulls Push Past $2.60 After Support Test?

• XRP is trading around $2.43 and retesting its 20-day EMA support at $2.388
• If support holds, XRP could target the $2.60 resistance level
• One analyst highlights the importance of holding above $2.50 for continued bullish momentum

XRP is trading at $2.43, a slight decline of over 1% in the past 24 hours, and is retesting the 20-day exponential moving average (EMA) at $2.388 as a support level, shows the data from CoinMarketCap.

If this support level holds firm, XRP could potentially aim for the $2.60 resistance level in the near term. Successfully reaching this level might attract increased buying interest from investors and traders.

What Long-Term Pattern is Being Observed for XRP?

Crypto analysts are closely observing a long-term technical pattern that indicates the possibility of a significant rally for XRP. A bullish and rather far-fetched projection of $1,452.81 has been outlined based on the breakout of a multi-year “bull flag” pattern. 

Crypto analyst “Steph is Crypto” has shared a chart on X, highlighting this bullish scenario. According to the analysis, XRP has been consolidating within a downward-sloping channel since 2018. 

The re…

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