XRP Price Nears Breakout Zone, Is a Rally To $5 on the Horizon?

XRP price is trading in an important area as analysts watch the $2.6 mark to decide the future of the altcoin. While analysts have indicated that crossing this level and further breaching the $2.77 mark would support the continuation of the upward movement. Currently, the resistance is found at $2.60, $2.85, and $5.85 in the long term while the support level is $2.33.