Market Overview
XRP trades at $2.19 (↑4.3%), breaking key resistance with consecutive green candles on 4H chart. Technical indicators show sustained buying pressure, with bullish momentum continuing as XRP approaches its 24-hour high.
Key Catalysts
• Regulatory clarity: Favorable SEC case developments attracting institutional interest
• ETF speculation intensifying potential capital inflows
• "Coffee Cup" pattern formation signaling continued uptrend
• Positive long-short ratio (1.14) with strong fund inflows
Price prediction analysis targets $5 by 2025, with immediate focus on $2.22 resistance.
Trading Strategy
• Breakout opportunity above $2.22 targeting $2.33-$2.50
• Dip-buying zones at $2.07-$2.10 support
• Holding above $2.16 reinforces bullish case
Sentiment shows 88.7% bullish, with traders anticipating altcoin season leadership and ETF developments. Monitor $2.18 and $2.22 as confirmation levels, pairing positions with volume spikes.$XRP