🧵$XRP – Has the crawl towards $6 begun?
🚨 _XRP confirms support and redraws its targets!_
Current price: $3.0416 (+4.3%)
After breaking resistance at $2.71 (Fibonacci level 0.618), bullish momentum returns strongly.
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📊 The technical structure indicates continued growth:
- Strong support at $2.71
- Two consecutive green candles = confirmation of reversal
- The market shows accurately expected performance
- Previous target: $4.50
- New target: $6.27 🔥
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🧠 Why is the momentum continuing?
- Investors have repurchased over 400 million XRP after taking profits
- NVT indicator is at its lowest in 5 months = healthy growth without inflation
- Institutional trading is increasing, with support from institutions like BlackRock and Yallow network
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🎯 Upcoming scenarios:
| Case | Technical Level | Expectation |
|----------|-------------------|----------------------------------|
| Breakout $4.00 | Strong upward wave | Towards $6.27 then $7.90 |
| Support failure | Retest $2.71 | Temporary correction |
| Momentum continues | Week after week | Gradual ongoing growth |
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📣 _In summary?_
XRP is not starting now... but completing a bullish cycle that began months ago.
Support is confirmed, momentum is increasing, and technical indicators suggest that the best is yet to come.
Are you ready for the next phase? 🚀