Here is an updated analysis of XRP with thoughtful encouragement to buy:
📊 Current technical situation
The current price is around $2.23, with a weekly increase of approximately +6.8% (coinmarketcap.com, coindesk.com).
Technical indicators from TradingView and Bitget indicate a clear buy signal for the short and medium term (bitget.com).
Signals of a 'pennant' pattern have emerged on the weekly chart, with a rise in futures trading, targeting the level of $3.20 (+~40%) (cointelegraph.com).
📉 Short to medium-term forecasts
Technical support is strong at $2.20–$2.22, with the first resistance at $2.30–$2.34, then the first target at $3.20 (ainvest.com).
An analyst from Black Swan Capitalist compares buying at ~$2 today to buying Bitcoin at ~$50 — signaling a path for high growth (bravenewcoin.com).
🚀 Long-term prospects
The symmetrical triangle pattern suggests a strong upward move could occur if a breakout happens by Q3–Q4 2025, potentially reaching $3.65 (+65%) (fxempire.com).
In addition to factors from increased institutional adoption, Ripple winning its regulatory file, and the potential for an ETF, supporting the bullish scenario (cryptorank.io).
🛠️ Buying tips
For short-term traders:
Enter at support near $2.20–$2.22.
Set a stop loss below $2.15.
First target at $2.34–$2.40, then $3.20 if the breakout occurs.
For long-term investors:
Use DCA strategy at levels of $2.15–$2.30.
Hold with the potential to rise towards $3+ if technical and regulatory breakouts are achieved.
📢 Why buy now?
Strong technical indicators and buy signals for today and this week.
The pennant pattern and rising futures reinforce the bullish outlook.
Compared to the early stages of Bitcoin, the value has doubled for technical and logical psychological reasons.
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🔔 This is a unique opportunity to enter a potentially strong wave