Important support levels for viewing are between $ 2.10 and $ 2.05. If XRP falls under this range, the following support is between $ 1.95 and $ 1.91, followed by $ 1.80. On Bullish Front, resistance is seen around $ 2.32 to $ 2.36. A clear movement above can open the door for a rally to $ 2.44 and $ 2.60.
What is the next step for XRP?
Despite the recent dip, XRP has been in an upward trend since April. There is still hope for a fifth golf rally that could push the XRP prices above $ 5 in the long term, but to happen, XRP must retain support levels and break above recent highlights.
In the short term, unless XRP can climb past $ 2.33 and form a clear bullish pattern, the price is expected to be reached, whereby traders will soon be aware of whether the market will soon find a stable support zone.
Conclusion
The decision delay of the SEC has clearly shocked the market, and although the long -term bullish hope remains alive, XRP is currently struggling for Momentum. Until a clearer step takes place, traders can expect more lateral price action in the coming days.