๐๐๐ ๐๐๐ซ๐ ๐๐ญ๐ฌ $๐ โ ๐๐ก๐ ๐๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐๐ญ๐ฎ๐ฉ ๐๐จ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐จ ๐๐๐ฃ๐จ๐ซ ๐๐ฉ๐ฌ๐ข๐๐
Despite short-term swings, $XRPโs journey toward $5 is still in motion. After a strong July rally lifting the price from around $2.40 to nearly $3.60, the market is now consolidating near $3.20. This base is holding above key moving averages โ the 20-day EMA at $3.05 and the 50-day EMA at $2.79 โ highlighting a solid bullish backdrop.
Technical View
XRP is encountering resistance in the $3.35โ$3.40 range, marked by a descending trendline from late July highs. A clean break above $3.60 could open the way to the psychological $4.00 mark, with $5 within reach after that. Staying above the EMAs is essential, as dips into these levels may serve as ideal accumulation zones for long-term holders.
Growth Drivers
Rising market optimism, wider adoption in payment systems, and strong fundamentals remain key forces fueling the upside. If momentum strengthens, these elements could work together to break resistance and push XRP into its next rally phase.
Final Take
While minor pullbacks may occur, the broader trend stays bullish. Regaining the $3.60 level decisively could trigger a new surge, putting XRP firmly on track toward its $5 target.