Yahya 
XRP is a cryptocurrency developed by Ripple, aimed at accelerating cross-border money transfers. Offering much faster and lower-cost transactions compared to traditional financial systems, XRP is particularly favored by banks and financial institutions. Utilizing blockchain technology in a decentralized structure, XRP aims to increase global liquidity. Additionally, thanks to its ability to make instant money transfers on the Ripple network, it brings a new dimension to international payment systems. XRP’s advantages, such as speed, security, and scalability, have made it a prominent player in the digital finance world.
Chart Structure
As long as the rising trend structure is maintained, the outlook may remain bullish, meaning upward movement can continue. However, if there is a break in the descending trend, the Red Range area first, followed by the $0.22 region, will serve as strong support levels.
Regarding resistance zones, the price is currently near the Gray Range area, which is a resistance zone. If this area is surpassed, the next resistance levels to watch will be $0.85 and the White Range area.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.
The information in this article does not provide any investment advice.