𝗫𝗥𝗣 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗧𝗲𝘀𝘁𝘀 $3.25 – 𝗡𝗲𝘅𝘁 𝗧𝗮𝗿𝗴
Idalia Laughead sRt5
Updated at: 5 hours ago
{"content":"𝗫𝗥𝗣 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗧𝗲𝘀𝘁𝘀 $3.25 – 𝗡𝗲𝘅𝘁 𝗧𝗮𝗿𝗴𝗲𝘁 $3.77 𝗼𝗿 $6?
✅ Quick snapshot:
Current price: $3.245, up ~10% in 24h & ~33% in 7 days.
Broke a multi-year resistance trendline, now forming a small triangle pattern → typical before another big move.
Trading volume surged to $11.5B, confirming demand.
📊 Technical picture:
XRP cleared a major ceiling near $3, which acted as resistance for years.
Now consolidating inside a smaller triangle → next breakout could target:
• Short-term: ~$3.77 (based on current momentum + liquidity zones).
Medium-term: ~$6 (based on Fibonacci extension & prior rallies).
RSI and volume show bulls remain active, but over-extension can bring quick pullbacks.
📈 Hidden driver: falling Dollar Index (DXY)
Analyst Versan Aljarrah notes XRP rallies often start when the US Dollar Index drops.
This pattern played out in 2018, 2021 & late 2024 → each time XRP hit multi-year highs.
DXY is dipping again; if this continues, XRP could repeat history.
🔥 Other bullish signals:
$360M in shorts liquidated recently → forced sellers add upside pressure.
Possible XRP ETF rumor & cooling Ripple-SEC legal battle boost sentiment.
Experts like Ali Martinez see price potential up to $6; CasiTrades highlights Fib levels matching that.
📌 Key levels traders should watch:
Immediate support: ~$3.00 → keeps rally alive if holds.
Liquidity zone & short-term resistance: ~$3.40 → break here could trigger fast move to $3.77.
Main target if rally extends: ~$6.
If price slips below $3.00 with high volume → could weaken short-term momentum.
💡 What to do next:
Watch volume on breakouts: big moves need volume confirmation.
Be cautious near overbought levels; consider partial profits if RSI spikes.
⭐ Summary:
XRP broke a years-long downtrend & volume supports bulls. While $3.77–$6 are realistic targets, traders should watch support at ~$3 and volume strength to confirm this isn’t just a quick pump.
#xrp
$XRP
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