$XRP XRP price has slightly retraced today, having dropped over 1% as of the time of writing. XRP has shown early signs of a bullish reversal, and its Relative Strength Index (RSI) has also broken through previous highs. I believe this could indicate the end of the bearish trend. Moreover, if Bitcoin, Ethereum, and other altcoins continue to rise, XRP's gains could be even larger. Important price targets for XRP: XRP faces resistance around $2.45 to $2.46, which is a significant level in the downward price channel. Although there have been attempts to break this resistance level, a confirmed breakout has yet to occur. Until then, short-term resistance is expected to persist. On the support side, XRP may find short-term buying interest around $2.31 to $2.33. Below this, additional support is near $2.17, and if the price drops further, stronger support is expected to appear between $2.05 and $2.10. A key pattern visible on the XRP analysis chart is the triangle formed after the peak in 2017-2018. This triangle is likely to end with an upward breakout, initiating the fifth wave and driving XRP significantly higher—this aggressive movement is typical of these patterns. Since the low on April 7, XRP has formed what seems to be a five-wave rebound, possibly completing the first wave of a new upward trend. The recent price has touched around $2.46, which is in line with expectations. While the price may rise further to $2.56 or even $2.68, there is currently no evidence to suggest that this wave has peaked. If the price falls below $2.26, it may indicate the beginning of a corrective wave (the second wave). #BTC重返10万 #新闻交易
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