XRP (XRP) Price Prediction for May 9: Will the $2.15 Resistance Hold?
XRP price today is trading near $2.18 after a significant surge in the last 24 hours. XRP price action has shown notable volatility, with price moving from support levels around $2.10 to test the upper resistance zone near $2.20. The recent spike follows a multi-day consolidation, which provided a springboard for today’s rally. Traders are now looking at whether XRP price volatility continues in this upward direction or if price will retreat toward support levels.
What’s Happening with XRP Price?
In today’s XRP price update, we observe that the price has decisively broken out of a short-term descending trendline, which had been holding price down since May 6. This breakout has brought XRP price to test the upper resistance zone between $2.20 and $2.23. A clean break above these levels could pave the way for a further push toward $2.30 and beyond, especially if XRP price spikes on higher volume.
On the 4-hour chart, XRP price action has been largely contained within a range between $2.12 (support) and $2.22 (resistance). However, the breakout above $2.15, coupled with a su…
The post XRP (XRP) Price Prediction for May 9: Will the $2.15 Resistance Hold? appeared first on Coin Edition.
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XRP (XRP) Price Prediction for May 9: Will the $2.15 Resistance Hold?
XRP price today is trading near $2.18 after a significant surge in the last 24 hours. XRP price action has shown notable volatility, with price moving from support levels around $2.10 to test the upper resistance zone near $2.20. The recent spike follows a multi-day consolidation, which provided a springboard for today’s rally. Traders are now looking at whether XRP price volatility continues in this upward direction or if price will retreat toward support levels.
What’s Happening with XRP Price?
In today’s XRP price update, we observe that the price has decisively broken out of a short-term descending trendline, which had been holding price down since May 6. This breakout has brought XRP price to test the upper resistance zone between $2.20 and $2.23. A clean break above these levels could pave the way for a further push toward $2.30 and beyond, especially if XRP price spikes on higher volume.
On the 4-hour chart, XRP price action has been largely contained within a range between $2.12 (support) and $2.22 (resistance). However, the breakout above $2.15, coupled with a su…
The post XRP (XRP) Price Prediction for May 9: Will the $2.15 Resistance Hold? appeared first on Coin Edition.
Read More
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