XRP is facing a strong resistance level on its path to the $3 price level and above, with the past 24 hours witnessing some sort of rejection at this resistance level. XRP price action has gradually built momentum in May, leading to a sharp move toward the upper $2.60 range. On May 12, XRP briefly touched $2.63 before retreating slightly, now trading around $2.57.
Directly ahead is the major resistance at $2.69, and technical analysis shows that this zone now holds the key to whether XRP can continue its march toward $3.00 or undergo a pullback for consolidation.
$2.69 Resistance Is Technical For XRP Price
Crypto analyst CasiTrades has highlighted the $2.69 price point as an important resistance level for the XRP price moving forward.
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