🧨According to Stefa's analysis, the situation with XRP currently looks like a classic pre-final phase of a bull cycle:

• Bullish factors

• The altcoin season index is still far from overheating (39 out of 100) → there is room for growth.

• XRP is trying to establish $3 as support.

• The long-term ascending trend line from 2021 is still holding, and a breakout above it could trigger a strong rally.

• The golden cross signals potential further growth.

• The potential growth target is $4.50–$5.00.

• Risks

• The stochastic RSI was already in the overbought zone during the peak of $3.65 in July.

• Historically, after reaching the upper limit of RSI and testing the price in the $4.50–$5.00 zone, significant corrections often began.

• The analyst believes we may be approaching the peak of the current market, and this rally could be the last in the cycle.

🔍 Conclusion

XRP is currently in a consolidation phase with the prospect of another upward rally, but after reaching the $4.50–$5.00 zone, the risk of a deep correction increases. If you are trading short-term, it is important to determine sell zones in advance and not wait too long.

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