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Coin Edition 2025-05-28 04:00:00

XRP Price Action: Holds $2.30 Support, Bulls Eye $3.10 Target on Breakout Above $2.65 Resistance

XRP Price Action: Holds $2.30 Support, Bulls Eye $3.10 Target on Breakout Above $2.65 Resistance

XRP remains above the $2.30 support, holding bullish structure after breaking a long-term descending trendline. Resistance between $2.61 and $2.65 is critical; a breakout may push price toward $3.10 and $3.3967. Volume heatmaps show strong historical demand near $2.00, with buyers likely stepping in at $1.47–$1.60 if price dips. XRP continued to hold steady above the $2.30 support level on May 28, 2025, as the token maintained upward momentum. Analyst EGRAG CRYPTO emphasized that “the momentum is there,” adding that $2.61 and $2.65 are critical resistance points. A breakout above these levels could trigger a surge toward the $3.10 zone. XRP/USDT 1D (Daily Timeframe). Source: Poloniex / X The price structure shows XRP breaking above a long-term descending red trendline. This breakout came with strong volume, hinting at bullish sentiment. The token now trades at approximately $2.30, with visible support from the 0.888 Fibonacci retracement level near $2.30. EGRAG noted, “The chart has been updated, but the content from my May 20 post remains just as relevant.” XRP/USDT 12H (12-Hour Timeframe) Source: X Volume Profile Supports Demand Around $2.… The post XRP Price Action: Holds $2.30 Support, Bulls Eye $3.10 Target on Breakout Above $2.65 Resistance appeared first on Coin Edition .

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