XRP Price Prediction Feb 28: Testing $2.12 — Will Key Support Level Break?
- XRP faces strong resistance at $2.30, with support at $2.12 signaling market uncertainty.
- RSI near oversold at 35.68 suggests a possible rebound if buying pressure strengthens.
- March 2025 forecast predicts a 5.64% rise, with XRP reaching an average of $2.36.
XRP’s price has moved erratically, showing a downward trend of late.
The cryptocurrency currently trades at $2.22, down 3.17% over the past 24 hours.
XRP Price Volatility and Selling Pressure
Initially, XRP saw an upward push, reaching a high of $2.30, but it failed to sustain the momentum. The price then fell back and moved between $2.12 and $2.25, indicating stronger selling pressure.
With a 38.52% drop in trading volume, market activity has gone down significantly, suggesting weaker buying interest. If XRP stays above key support levels, a short-term recovery may happen. However, further drops could cause more losses in the coming days.
XRP Price Action: Bearish Outlook
XRP’s recent price action points to a bearish outlook, as the token struggles to regain lost ground. The price initially climbed to $2.30 but met strong resistance, resulting in a sharp decline. It then stabilized wi…
The post XRP Price Prediction Feb 28: Testing $2.12 — Will Key Support Level Break? appeared first on Coin Edition.
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XRP Price Prediction Feb 28: Testing $2.12 — Will Key Support Level Break?
- XRP faces strong resistance at $2.30, with support at $2.12 signaling market uncertainty.
- RSI near oversold at 35.68 suggests a possible rebound if buying pressure strengthens.
- March 2025 forecast predicts a 5.64% rise, with XRP reaching an average of $2.36.
XRP’s price has moved erratically, showing a downward trend of late.
The cryptocurrency currently trades at $2.22, down 3.17% over the past 24 hours.
XRP Price Volatility and Selling Pressure
Initially, XRP saw an upward push, reaching a high of $2.30, but it failed to sustain the momentum. The price then fell back and moved between $2.12 and $2.25, indicating stronger selling pressure.
With a 38.52% drop in trading volume, market activity has gone down significantly, suggesting weaker buying interest. If XRP stays above key support levels, a short-term recovery may happen. However, further drops could cause more losses in the coming days.
XRP Price Action: Bearish Outlook
XRP’s recent price action points to a bearish outlook, as the token struggles to regain lost ground. The price initially climbed to $2.30 but met strong resistance, resulting in a sharp decline. It then stabilized wi…
The post XRP Price Prediction Feb 28: Testing $2.12 — Will Key Support Level Break? appeared first on Coin Edition.
Read More