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Daily Technical Analysis Research 11.02.2025 – Cryptocurrency (RIPPLE)

RIPPLE (XRP/USD):

XRP continues to fluctuate around its previous support and resistance levels, currently trading just below $2.50 per coin.

Daily Technical Analysis Research 11.02.2025 - Cryptocurrency (RIPPLE) - VFgPULOg

A closer look at the technicals reveals that we have successfully broken above and retested this descending trend line, which now appears to be holding as support. I’m keen to see if the price can maintain these levels and potentially trade back above the daily 50 EMA.

Daily Technical Analysis Research 11.02.2025 - Cryptocurrency (RIPPLE) - PTGX9VPX

 

 

Author

Matthew Hayward
Matthew is a well-experienced Market Analyst with a key focus on both Fundamental and Technical Analysis. He has experience in covering various market topics including Cryptocurrency, Foreign Exchange, Indices, and Commodities. He looks to provide we...
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