Technical analysis by dennishrndz about Symbol XRP: Buy recommendation (1/11/2025)

XRP is maintaining its bullish momentum, with the price currently at $2.405, up 2.58% on this Saturday morning. The cryptocurrency's next major resistance level appears to be around $2.50, while a significant support level is observed at approximately $1.902If XRP breaks below the $1.90 support, there's a possibility it could decline further to around $1.303. However, it's crucial to note that XRP has shown strong performance recently, adding 58,000 new wallets since the start of 2025 and experiencing an 18% market cap rise in the first three days of the new year.As always, it's essential to look for confirmation of any price movements and conduct your own thorough research before making any investment decisions. This is not financial advice.