XRP Shows Potential for Continued Upward Movement Amid Early Week Bullish Momentum

Key Points

1. XRP price surged 6.67% in the last 24 hours, breaking the $3.0312 resistance level on the hourly chart.

2. Short-term sideways trading between $3.00 and $3.15 is expected as bulls consolidate gains.

3. A weekly close above $3.00 could lead to further upward movement toward $3.20, indicating midterm bullish potential.

4. Traders should monitor the $3.00 support level and $3.15 resistance zone for potential trading opportunities.

5. The recent price surge was driven by bullish market sentiment and increased buying pressure.