XRP Accumulation Dey Grow Amid Bullish Signals, But $2.3 Resistance Na Still Be Main Hurdle For Breakout
XRP don dey see renewed accumulation, as e reflect for how exchange reserves don dey reduce plus capital dey flow out steady, wey mean say people still dey buy am consistent. Technical analysis show say e first trend na bullish, as XRP bin don break above $2.22 before and get momentum with positive hourly MACD and RSI wey dey above 50. The price hold steady above 100-hour Simple Moving Average, with big resistance for $2.32 and more targets for $2.35, $2.40, and $2.50. But recent daily indicators still dey show bearish swing structure, after e reject $2.6 and strong resistance dey for $2.28, weh correspond to 38.2% Fibonacci retracement level. NVT ratio don drop, mean say XRP fit dey undervalued compared to activity, and On-Balance Volume show buying support wey no strong enough for breakout. Liquidity cluster for $2.29-$2.36 mean short-term volatility fit increase, but solid rally above $2.3 still dey uncertain. Traders suppose watch $2.35-$2.4 area sharply for possible price reversal. In summary, accumulation trend still dey for XRP plus buyers dey active, but clear path to strong breakout above $2.3 never confirm yet. Short-term market outlook dey cautiously optimistic, with key resistance levels as big tests.
Neutral
While XRP dey show strong on-chain accumulation and buying interest, technical analysis point to say e get big resistance for $2.3 level, wit liquidity clusters and range-bound trading wey dey show say clear breakout momentum no dey. The MACD and RSI dey positive, but the bigger structural trend still dey cautious bearish after recent rejections from higher levels. Until dem confirm breakout above $2.3 with sustained momentum, outlook still neutral—traders suppose dey watch key resistance and support zones for proof of trend reversal or continuation. Historically, dem kind scenario don cause volatility but e no always lead to steady trend change.