XRP Chart Analysis 20/3/25XRP surged following positive news as the U.S. SEC announced the dismissal of its lawsuit. For a bullish reversal, the price must break through the descending trendline. A short-term profit-taking level is set at 95 THB, with an entry point around 74 THB, and a stop-loss if the price drops below 66 THB.
The RSI rebounded quickly after testing the oversold level. However, if a new high isn’t formed, there is still a risk of another pullback. As long as the price holds above the given support levels, it presents a potential buying opportunity.
