XRP needs to break $2 for upside target to remain valid, says analyst

Crypto analytics firm EGRAG CRYPTO stated on X that XRP's upside target of over $9.50 will only become valid if the token breaks through the $2.00 to $2.10 resistance level. The firm predicated this on the two-month Relative Strength Index (RSI) remaining above 50. Should the RSI fall below this mark, a pullback to the 43.66 level could occur. A recovery in the RSI to the 52.85 to 55.45 range would revive medium- to long-term momentum, while reaching 80 could trigger an aggressive bullish scenario. According to CoinMarketCap, XRP is currently trading at $1.12, down 3.85% over the past 24 hours.