【Is a Storm Coming for XRP Prices? $5 Target May Be Within Reach!】
Just now, the price of XRP briefly fell below $2.2, triggering panic selling, with daily trading volume suddenly surpassing $2 billion! While short sellers are just showing their teeth, smart money has already started to quietly position itself: all this may be the prelude to a massive reversal!
The truth behind the scenes has been revealed: Ripple has just unlocked 1 billion XRP, raising concerns about short-term supply in the market. But be aware! Most of these tokens have been re-locked, and only a small portion may enter market circulation, greatly controlling the possibility of actual "flooding" the market.
On the technical front, bullish signals are being released simultaneously:
XRP is challenging the upper edge of a symmetrical triangle that has lasted for months;
If it breaks through, a classic bull flag structure will form;
The projected target increase could be as high as 500%, making a push to $4.5-$5 not a dream! More critically: Ripple is quietly accelerating its integration with the traditional financial system, preparing to "overtake" during the ETF craze! Once favorable regulations or new partnerships are established, XRP could replicate the epic surge of 2021!
Conclusion: XRP is at the critical point of a bull market explosion; once the key resistance is broken, shorts may be ignited instantly!
