XRP Shows Early Signs of Potential Bullrun as Bitcoin Approaches Key Resistance Levels

Key Points

1. XRP is trading at $3.07 and needs to surpass $3.30 to confirm a bull run, with key support levels at $2.80 and $2.60.

2. Bitcoin has broken the $115,000 resistance but faces significant resistance at $120,000, with upward trend supported by major moving averages.

3. Solana's tight EMA compression around $162-$165 suggests potential volatility, similar to its October 2024 rally.

4. XRP has shown resilience, recovering from a low of $2.80, but volume is still muted, indicating caution for a significant breakout.

5. Bitcoin's RSI is neutral at 52, suggesting potential movement in either direction, with key support at $110,000 (50 EMA) and $102,500 (100 EMA).