📌 Key points of technical analysis for today:
- nearby resistance: $3.10 then $3.28.
- critical support: $2.77 (breaking it could bring the price back to $2.57).
- positive indicators:
• RSI at 68.98 (bullish bias).
• MACD shows a bullish crossover with an increasing histogram.
- trading volume: Jumped by 79.1%, with high institutional liquidity.
⚡ Why is the rise continuing?
- high liquidity in the overall market (market cap: $3.92 trillion).
- investor optimism: Long positions on 'Binance' stand at 2.83.
- breaking technical patterns: such as 'descending wedge' and 'double bottom'.
🌟 Ambitious 2025 forecasts:
Will it reach $15?
Analysts indicate that $15 is possible by the end of the year if:
• Bitcoin stabilized above $200,000.
• Lawsuits between 'Ripple' and the 'Securities and Exchange Commission' (SEC) have been resolved.
But conservative forecasts suggest highs around $5.
💬 Do you think XRP will close above $3 today?
What is your investment goal for it: short or long term?
#USCryptoWeek #TrendingTopic #TerraLabs #TradingTales #Xrp🔥🔥
