The XRP market is once again capturing the attention of analysts after a key movement in its price. Yesterday, the cryptocurrency reached $3.11, generating expectations of an imminent bullish breakout.
📊 Technical analysis in focus
XRP is consolidating above key support levels.
Technical indicators show a strengthening of momentum.
If the break of resistances in the $3.30 – $3.35 zone is confirmed, analysts project a move towards $3.80.
🔥 Factors that reinforce optimism:
The recent legal closure between Ripple and the SEC adds greater certainty to the asset.
Institutional interest in tokenization and cross-border payments is once again highlighting the Ripple ecosystem.
Market sentiment has shown a positive shift towards altcoins with solid fundamentals.
⚠️ Risks to consider:
The psychological resistance at $3.30 will be decisive in confirming the trend.
Institutional movements (such as sales from large holders) could lead to short-term corrections.
📌 Conclusion
XRP is at a strategic point. If it manages to consolidate its momentum and surpass the immediate technical barrier, the market could see a rally towards $3.80, thus solidifying its role as one of the most attractive assets in this phase of the crypto cycle.
👉 Do you think XRP will break the resistance and take off towards $3.80?
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