[Analysis] "XRP defends $2.71 support… expected to rebound to $3.60 if buying pressure flows in"
Suehyeon Lee
Summary
- It was reported that XRP (XRP) defended the $2.71 support.
- Analyst Ali Martinez forecast that if buying pressure flows in, it could rebound to $3.60.
- It was reported that XRP is trading at $2.93, up 3.9% from the previous day.
A forecast has been raised that XRP (XRP), defending a key support level, could rebound to $3.60 in the short term.
On the 25th (local time), virtual asset (cryptocurrency) analyst Ali Martinez said via X, "XRP defended the $2.71 support level and endured short-term downward pressure. If buying pressure flows in, the price could rebound to $3.60."
Meanwhile, XRP is currently trading on CoinMarketCap at $2.93, up 3.9% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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