The post XRP Price Prediction For March 18 appeared first on Coinpedia Fintech News
Ripple’s XRP is down by more than one percent and is currently trading at $2.30. While short-term price movements may occur, the overall trend suggests that a major upward movement is not expected at this time. Despite this, short-term bullish action may still arise, though the broader trend remains subdued.
Short-Term Bullish Price Action
In the last few days, XRP has experienced positive price movement. On the 8-hour chart, the price recently broke above a short-term resistance zone between $2.25 and $2.30. After breaking through, XRP successfully retested this level, turning it into support. According to analyst Josh of Crypto World, this technical pattern is a positive sign, as turning resistance into support typically signals bullish price action.
In the short term, this indicates a favorable outlook for XRP, with the next major resistance levels expected between $2.65 and $2.80. H
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