🚀 XRP Price Prediction: What’s Next for January 2, 2025?

XRP has been on an impressive rally, recently reaching a key target zone of $2.42 to $2.45, as defined by Fibonacci levels. While this movement is considered a corrective bounce, the potential for further upside remains intact. Let’s dive into what could happen next!

Key Levels to Watch

1️⃣ Current Status: XRP is trading at $2.40, up by over 13%.

2️⃣ Next Resistance Zone:

The first Fibonacci extension target for wave D has been reached.

If momentum continues, the next target lies at $2.60, signaling potential resistance.

3️⃣ Alternative Measurements:

Using wave A and wave C for comparisons, the next possible targets are $2.54 to $2.62.

Breaking beyond $2.62 could invalidate the current triangle pattern, potentially paving the way for a new all-time high!

What to Watch for Next

🔸 Higher Low Formation: A higher low could confirm sustained upward movement.

🔸 Breakout Potential: A sharp move beyond $2.62 may indicate a structural shift, hinting at explosive growth ahead.

As XRP continues its climb, traders should stay alert for key resistance levels and potential breakout signals. This could be a pivotal moment for XRP enthusiasts and the crypto community!

Will XRP reach new heights? Let’s keep watching!

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