The post XRP Price Prediction For February 21 appeared first on Coinpedia Fintech News Ripple’s XRP is currently down by more than two percent and is trading at $2.64. The cryptocurrency is currently facing significant resistance between the $2.65 and $2.80 levels. This suggests the price could continue to struggle around these points in the short term. XRP has erased the majority of the gains made in the seven days. The broader market sentiment also remains mixed, with Bitcoin struggling to break above the crucial $98k mark and Ethereum is also stuck below the $3000 mark. Support Levels to Watch On the downside, support can be found around the $2.50 level. According to analyst Josh of Crypto World , a drop below this could lead to further support between $2.25 and $2.30. These levels are important to monitor as they may indicate where price stability could form if the bearish trend continues. Resistance Beyond $2.80 Should XRP break above the $2.80 resistance level, additional resistance is expected around the $3 mark, followed by another resistance zone near $3.20. Possible Bullish Cup and Handle Pattern If XRP manages a confirmed breakout above $2.80, there’s potential for a short-term cup and handle pattern to form on the daily timeframe. If validated, this pattern could signal a higher low and indicate a bullish shift in market sentiment. A breakout could result in significant bullish momentum over the next few days or weeks. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Ripple Rival Stellar (XLM) at a Critical Level, Will Price Soar or Crash? , Short-Term Analysis: Bullish Divergence On the 2-hour chart, XRP has recently shown a bullish divergence , the opposite of the previous bearish divergence that led to a pullback. Bullish divergences generally result in a short-term relief rally or sideways price action. 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XRP is down due to resistance at $2.80, broader market uncertainty, and Bitcoin’s struggle to break $98K, impacting overall sentiment. Is It Worth Investing in XRP Now? XRP’s potential breakout and bullish signals may attract investors, but market volatility and resistance levels should be considered before investing.
