The post Can XRP Price Hit $3 Next Week? appeared first on Coinpedia Fintech News
The price of XRP has been climbing steadily this week, with a strong bullish trend visible on the daily charts. Over the past few days, XRP has posted several green candles in a row, showing the rising buying pressure in the market.
XRP often makes sharp moves once momentum kicks in: either upward or downward. Right now, XRP is clearly in an upward trend, and it recently broke through a key resistance area between $2.55 and $2.62. After this breakout, the next big target for XRP is sitting between $2.80 and $3.00.
However, one concern is that XRP is currently in overbought territory on the daily timeframe. This means that while the price is strong, it could face some pullback or slowdown before attempting another big jump.
What’s Next for XRP Price?
If XRP can successfully break and hold above $3 in the coming days, it could quickly surge toward its all-time high range between $3.30 and $3.
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