XRP News Today: XRP Surges 0.78% in 24 Hours, Eyes $3.60-$3.65 Range

XRP, the cryptocurrency, has seen a notable increase in its value, rising by 0.78% over the past 24 hours. This upward trend has positioned the cryptocurrency near a local resistance level of $3.58 on the hourly chart. If the bullish momentum continues, analysts predict that XRP could surge to the $3.60-$3.65 range in the near future.

On a longer time frame, XRP is currently testing the resistance level of $3.5495. Should the daily candle close above this mark, the accumulated momentum could propel the cryptocurrency towards the $3.80 area. This scenario is anticipated to remain relevant until the end of the week.

From a mid-term perspective, the price of XRP has successfully broken through the resistance level of $3.40. As long as it maintains its position above this mark, the likelihood of continued growth remains high. This could potentially lead to XRP reaching a new all-time high in the near future.

At the time of reporting, XRP is trading at $3.5512. The overall sentiment among traders and analysts is optimistic, with many expecting further gains in the coming days. The bullish trend observed in the cryptocurrency market has contributed to the positive outlook for XRP, as investors continue to drive the rates of most coins to new peaks.