The post XRP Price Prediction For July 13 appeared first on Coinpedia Fintech News
The price of XRP has been on a strong upward trend recently, but it’s now facing some tough resistance around the $2.90 mark. On the daily chart, XRP has been rising steadily, and according to an analyst, if the price can close above $3, it could quickly climb toward its all-time high near $3.40.
For now, however, the $2.80 to $3.00 range is acting as a major hurdle. This zone has historically been a strong resistance area, both from past price action and key Fibonacci levels. Until XRP breaks through this, the price may continue to struggle around these levels.
On the downside, if XRP sees a pullback, experts are watching the $2.55 to $2.62 range as a possible support zone. This area was a resistance level earlier and could now act as a new support if the market cools down.
Looking at the shorter time frames, especially the 4-hour chart, XRP recently became overbought after a sharp rally
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