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Coin Telegraph

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Trader uncovers signs XRP price may have bottomed — Rally to $3.80 next?

  • XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02.
  • XRP displays bullish divergence conditions in lower timeframes, indicating that downward momentum is waning.
  • $2.25 is a key resistance level to watch, breaching it would signal a convincing bullish breakout.
  • Despite recent recovery, a deeper correction remains a possibility according to veteran trader Peter Brandt.

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