XRP Price Prediction: Ripple Traders Eyeing $2.33-$2.40 Zone
XRP broke key resistance at $2.197, signaling bullish momentum, with traders now targeting the $2.33 to $2.40 zone.Summary
XRP has demonstrated renewed bullish momentum by cleanly breaking through the $2.197 resistance level, coinciding with improved broader crypto sentiment and institutional accumulation at key price points. Technical analysis shows XRP successfully defended the $2.17 channel floor, absorbing demand even during a brief liquidity sweep to $2.15. The current structure suggests an inside-day breakout setup. For continued upward movement, maintaining support above the immediate pivot at $2.204 is crucial. A successful break above the next resistance at $2.22 could propel XRP toward the target resistance band of $2.33–$2.40. However, traders must monitor rising funding rates, which signal increased leverage risk if the price fails to sustain its gains.
(Source：CoinDesk)