🔹 1) A technical pattern targeting $2.80
#XRP is currently moving within a Bull Pennant pattern, which is one of the strongest continuation patterns in upward waves.
A breakout at the $2.22 level will pave the way directly to $2.80.
The RSI indicator rose from 23 to 55, reflecting a clear shift towards buying momentum.
🔹 2) A V-shaped recovery paves the way to $2.70
On the daily frame, it appears that #Ripple is forming a V-Recovery pattern, but its success is linked to surpassing the supply area:
$2.30 – $2.63
If that happens, we might see the price reaching $2.70.
MACD indicator clearly supports the upward trend.
🔹 3) Decrease in supply on exchanges — a sign of strength
In just two months, the supply of:
3.95 billion → 2.6 billion XRP
(a decrease of 45%)
This means:
✔️ Lack of willingness to sell
✔️ Weak selling pressure
✔️ Stronger support for any upcoming rise
🔹 4) CVD data shows buyer dominance
CVD indicator has returned to the positive zone:
Buy orders are outperforming
Demand is rising again
The possibility of continuing the rise if CVD remains strong
🔹 5) #XRP_ETFs funds inject continuous liquidity
XRP funds in the United States have seen 9 consecutive days of positive inflows:
Entering $2.81 million on Thursday
Total inflows reached $643 million
Managed assets exceed $767 million
The listing of #21Shares_XRP_ETF on Monday may give the market an additional boost.
📌 Summary
All indicators — technical, graphical, and institutional — agree on:
🎯 The near target #XRPUSDT is $2.80
🎯 The movement may extend to $3.30–$3.50 later
With caution necessary, as price surges can cause strong corrections. 🐋🚀
