XRP Must Break Key Level to Hit $3
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XRP price flips key breakout zone into support, but significant overhead resistance from the 200-day SMA at $2.36 remains the most important barrier for the bulls.
XRP price needs to break above the $2.20-$2.30 range and 200-day SMA at $2.36 to clear a path to $3.
XRP/BTC breaks multimonth downtrend as RSI shows a bullish divergence.
XRP price remained unchanged on Tuesday, down 0.1% over the last 24 hours to trade at $2.26. Analysts highlighted the key resistance levels that must be broken on the path toward $3.
XRP must reclaim the 200-day SMA
XRP must close above the $2.20-$2.30 range on the daily chart. The 50-day simple moving average (SMA) is at $2.22, and the 100-day SMA is at $2.20. After that, bulls are required to overcome the resistance at $2.36, the 200-day SMA, to target higher highs above $3.
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