Technical analysis by ugurtash about Symbol XRP on 4/23/2025

XRP Struggles at ResistanceXRP touched the upper band of the falling channel and received the first rejection here. It was rejected from the same area before (red circles).🔹 The price is now around $2.21 and very close to the resistance of the falling trend.🔹 The RSI side is trying to stay above the 60 level. This means that the momentum is still positive, but it is also close to the overshooting zone.🔹 The range of $1.96 - $2.00 is now critical support. If it is broken, there may be a possibility of retracement to the $1.50s again.🔹 For the continuation of the rise, it is imperative to throw this red falling trend with a net close. Otherwise, the possibility of rejection from this area and return to the horizontal band increases.The blue horizontal line is important; If the daily closing candle comes on it, it will break the downtrend. This is also the ceiling zone of the falling trend channel.If the breakout comes, a rapid rally begins, otherwise a correction is on the agenda again.