XRP Breaks Long-Term Triangle Targeting $11!
XRP recently broke out of a triangle formation that lasted for several months and is currently holding above $3.
Analyst Su Ge pointed out that the key resistance level at $3.40, once broken, could see prices surge to $5.75 and possibly reach as high as $11.20!
At the same time, the support level at $2.25 is very critical; if it is breached, it could lead to a deeper correction.
Current trend of XRP:
Breakout from the triangle formation, consolidating above $3.22
Fibonacci extension points to higher price targets
Market focuses on key resistance and support levels
Su Ge's view: XRP has entered a crucial upward cycle, with short-term focus on breaking the $3.40 resistance and significant long-term bullish potential.
Maintaining the $2.25 support is essential to ensure the trend continues.
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