3 min readRIPPLE (XRP/USD):
After a dramatic surge in recent weeks, XRP continued to climb to new highs, reaching a peak of $2.80. This marked the first time the cryptocurrency revisited these price levels since late 2017.
Taking a closer look at the technicals, we can identify two key areas of interest. One is a resistance zone above the current price, around $2.70, while the other is a support level below, around $1.60. Moving forward, I will closely monitor these levels for potential price reactions, which will help determine where the market might move next.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
