XRP eyes $2.73–$2.91 resistance as Ripple partners with Absa Bank, signaling African expansion and potential market momentum.
XRP is eyeing the $2.73–$2.91 resistance zone amid Ripple’s strategic expansion into Africa with Absa Bank. According to market analyst Xaif Crypto, XRP’s recent price action underscores the potency of range breaks in crypto trading.
The popular digital asset recently fell below a critical support zone, demonstrating just how quickly market dynamics can shift when key levels are breached. Previously, the $2.73–$2.91 range had acted as a strong support, holding the price in a predictable pattern.
However, XRP’s drop below this level has flipped the zone into major resistance, a classic technical shift that traders often watch closely. Therefore, this transformation means that what once served as a floor now acts as a ceiling, limiting upward momentum and creating potential hurdles for buyers attempting to reclaim lost ground.
Ripple partners with Absa Bank for African expansion.
Author's summary: XRP targets $2.73 resistance zone.