XRP May Face Resistance Near $3.25 as Volume and Momentum Suggest Potential Upside

Key Points

1. XRP has recovered above the 21-day EMA after recent declines, with an oversold RSI below 46 triggering buying interest.

2. The $3.20-$3.25 range is a critical resistance zone; breaking it could lead to a retest of $3.50.

3. Support levels are identified between $2.64 and $2.67, where the 50-day and 100-day moving averages converge.

4. Trading volume and RSI behavior are key indicators for confirming breakout strength and momentum shifts.

5. Monitoring moving averages and resistance zones like $2.96 and $3.20-$3.25 is essential for traders.