XRP's Short-term Price Action
XRP holds $2.10–$2.20 support as 11,500+ SWIFT members prep for ISO 20022, signaling key short-term price action.
According to market analyst Kamil, XRP is currently navigating a critical juncture as the $2.10–$2.20 zone acts as short-term support, while resistance remains around $2.70.
The technical picture highlights growing caution among investors, with XRP’s Relative Strength Index (RSI) hovering near 34, signaling that the cryptocurrency is approaching oversold territory.
Historically, an RSI below 35 often attracts buyers seeking accumulation opportunities, suggesting that a rebound could be on the horizon if demand picks up.
This range has become a focal point for traders, offering insight into potential price movements over the coming sessions.
Author's summary: XRP price action is critical near $2.10–$2.20 support.