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XRP has been struggling to break through the resistance level of $2.5 in recent days. The price has tested this resistance four times but has yet to achieve a sustained breakout. While technical indicators are offering mixed signals, a breakout above $2.5 could mark the beginning of a new bullish trend. Short-term traders are closely monitoring this resistance zone, while long-term perspectives suggest that bulls hold a favorable position.
XRP Price Analysis: A Break Above $2.5 Could Strengthen the Uptrend
XRP’s price has traded within a narrow range of $2.3 to $2.5 over the past week. This sideways movement is interpreted as a sign that the market is gathering energy for a significant move. Analyzing volume movements reveals that the high buying pressure observed at the beginning of February has transitioned to a more subdued market.
$2-XRP-Fiyat-Analiz-Yorum-13-Subat-2025.png” alt=”” width=”1940″ height=”1010″ />Technical indicators also support this sideways trend. Although the OBV indicator shows a slight downward trend, overall buying dominance remains. The RSI has yet to provide a clear bullish signal, remaining below the 50 level. However, a rise above $2.5 could change this outlook.
Price Commentary: Liquidation Levels
Examining XRP’s liquidation map reveals two significant liquidity zones around the current price: $2.26 and $2.54. These levels may present important opportunities for traders. Particularly for those engaged in short-term trading, potential price reversals around these zones should be closely monitored.
Swing traders may find short-term position opportunities if the price approaches these levels. A potential reversal zone may exist at $2.26, while breaking above $2.54 could signal a realistic threshold for an upward trend. These two levels can play a crucial role in determining market direction.
In the long run, a breakout above $2.7 significantly increases the likelihood of XRP entering a more substantial upward trend.
