2 key XRP price levels to watch as $3 target remains elusive
XRP is still struggling to reclaim the $3 resistance zone, with an analyst highlighting two key price levels that could determine its next move. According to an outlook by Ali Martinez, a strong resistance has formed around $2.90, where recent price action has shown multiple failed attempts to break higher. In a September 6 post on X, Martinez noted that if XRP faces another rejection at this level, the asset could retreat toward the $2.70 support zone, which has previously served as a crucial floor during recent pullbacks. XRP price analysis chart. Source: TradingView On the upside, a decisive breakout above $2.90 would be needed to rekindle bullish momentum. However, the Analysis suggested that XRP may continue to oscillate between $2.70 and $2.90 in the near term. Impact of XRP ETF Adding to the technical tension is the upcoming October SEC deadline on multiple spot XRP exchange-traded fund (ETF) applications, including filings from Grayscale, 21Sh...