XRP Price Analysis: Bullish Divergence Signals Potential Bottom at $2.02
XRP (XRP) experienced a 22% price drop from March 19 to March 31, potentially establishing a local bottom at $2.02. Following this, the price rose by 9% to $2.20 before retracing to current levels. The question arises whether XRP has reached its bottom or if a deeper retracement is on the horizon. Analyst CasiTrades noted bullish divergence on various timeframes, suggesting a positive indicator for potential short-term bounces and macro recovery. Resistance at $2.25 is highlighted as a key level to watch, with a break above signaling a bullish breakout.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
