🚨 XRP Momentum Builds $4 Target Approaching Fast!
📊 Is XRP entering the final stretch toward $4?
XRP has been making waves in the market recently with impressive gains. Technical indicators still show strong bullish momentum, though a short-term pause or correction isn’t off the table. Let’s break it down:
📉 RSI – Momentum Cooling Slightly
The Relative Strength Index is at 83.78, placing XRP in overbought territory. While this doesn’t confirm a reversal, it does suggest the pace may slow down briefly or move sideways.
📈 MACD – Bullish Strength Remains
MACD Line: 0.29776
Signal Line: 0.19645
The MACD histogram continues to show positive momentum. No bearish signals yet, reinforcing the bullish trend.
📌 Moving Averages – Trend Supportive
XRP is comfortably trading above key moving averages (9 EMA, 20 SMA, 50 SMA), all trending upward. The 200-day SMA remains well below current price levels a strong signal for long-term strength.
🛡 Key Support Levels
In case of a pullback, keep an eye on these levels:
$3.24 – Immediate support
$2.88 – Previous resistance turned support
$2.49 – Strong base zone
These points could help stabilize any dip and support a renewed rally.
🔁 Fibonacci Watch – $3.12 in Focus
Analyst insights suggest $3.12 (Fibonacci 0.888 level) could be a healthy short-term retest zone. Holding above $3.40 would strengthen the bullish setup even further.
🎯 Price Objectives
Short-Term: $3.75
Medium-Term: $4.00
A break above could lead to the next zone between $4.45–$4.60.
✅ Summary
$XRP remains in a strong uptrend. While a brief cooldown could occur due to high RSI levels, the technical outlook remains positive. Any minor pullback may present a solid opportunity for accumulation as XRP eyes higher levels in the coming sessions.