XRP Price Shows Potential for Trend Reversal, Targeting $2.50+ Level

Ripple’s XRP price shows signs of a potential trend reversal, currently holding above the critical support level of $2.10. This move comes as bulls target breakout levels at $2.51 and $2.60 in the coming days, potentially breaking out from historical resistance patterns. 21-week EMA, currently acting as a key resistance zone, remains to be crossed for sustained bullish momentum. If XRP closes this week above $2.25, this may suggest that the recent downtrend has ended. While this is a positive sign, it’s important to note that historical scenarios like the 2013 China mining bans may influence market sentiment if we do not see a decisive break-out.