HomePrice PredictionsXRPXRP’s Range Play: Can Bulls Target the Range Highs?

XRP’s Range Play: Can Bulls Target the Range Highs?

Date:

Ripple Technical Analysis: 14 MAR 2025

Ripple Technical Analysis

XRP’s ongoing range levels. Source: TradingView

General View

XRP continues with its recovery after hitting the range lows. The price is now gradually approaching the mid-range levels. This is going to be an important pivotal point for XRP, as acceptance above mid-range would extend the recovery towards the range highs, while any rejection here at the mid-point would force profit-taking, eventually dragging the price back lower.

On the Upside

The resistance for the session remains firm at the $2.40 level. This is the mid-range resistance, a level that needs to break for XRP to open the above range between $2.40 and $2.90. Currently, the momentum is looking solid, however, the mid-range is going to test the bulls resolve. A breakout above $2.40 would initially extend the upside towards $2.60.

On the Downside 

XRP is attempting to flip the $2.85 level into a lower time frame support. Successfully converting this level into a support would give bulls another layer of protection. Meanwhile the real test would be the mid-range level. Any rejection from this level would initially push us back towards the $2.85 level. If it holds the retest, a bounce can be expected, but if sellers eventually overwhelm this level, a drop into the $2.20 to $2.15 level can’t be ruled out.

Ripple Technical Analysis

XRP is attempting a stronghold above an important level. Source: TradingView

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Usman Ali
Usman Ali
A writer and market analyst with expertise in cryptocurrencies. He focuses on delivering clear, insightful, and well-structured content, emphasizing advanced trading strategies and in-depth market analysis. His writing style prioritizes clarity and professionalism, ensuring that complex market trends are easy to understand. He is keen on keeping his work organized, direct, and valuable for his audience.

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