#Xrp🔥🔥 Targets to $3.65 ?
XRP News: Why Is XRP Price Up Today? Futures ETF Launch, Whale Accumulation, and Technical Breakout Fuel Optimism
XRP rose nearly 5% today, reaching an intraday high of $2.36, extending a three-week rally that has lifted its price by more than 46%. Several key factors are contributing to the renewed bullish momentum for XRP, including the approval of XRP futures ETFs, whale accumulation, and a technical breakout suggesting further upside.
XRP Technical Breakout Targets $3.63
From a technical perspective, XRP has broken out of a falling wedge pattern — a historically bullish reversal formation.
The breakout points to a potential price target of $3.63, representing a 55% upside from current levels.
XRP is now holding above its 50-period 3D exponential moving average (EMA), which has served as a crucial historical support level.
The Relative Strength Index (RSI) remains neutral between 30 and 70, indicating room for further gains without signaling immediate overbought conditions.
Analysts argue that maintaining price action above key moving averages will be critical for XRP’s continuation toward the $3.63 breakout target.