On the weekly chart, XRP trades near $2.38 following a correction from $3.65. A breakout of the ascending wedge is visible, followed by a rebound from the support zone around $2.30.
Bollinger Bands show price compression, and the MACD is close to a potential bullish crossover. Chaikin Money Flow (CMF) remains positive, indicating continued capital inflow. However, the Balance of Power (BoP) is negative, reflecting short-term selling dominance.
If XRP holds above the $2.30 support, it is likely to retest resistance levels at $2.76 and $3.54. A breakout above $3.65 could pave the way toward the all-time high of $3.84. Conversely, failure to maintain $2.30 could trigger a retest of $1.97. For those engaged in crypto betting, these levels may be crucial for timing trades, especially when leveraging tools like the to enhance strategy efficiency.
