XRP Bullusish ASF! Eyes $4 Rally After Breaking Key Resistance Levels🚀👻
XRP's bullish momentum continues as the altcoin breaks critical resistance levels, fueling predictions of a potential rally to $4 and beyond.
Price Action: XRP surged to $2.60 on Jan. 11 before retracing to $2.33. It quickly reclaimed $2.45, signaling strong buyer interest.
Market Cap: XRP is the third-largest crypto asset, boasting a $141 billion market valuation.
XRP/BTC achieved its highest weekly close since October 2022, nearing a 4-year resistance established in 2021.
A sustained breakout above this level could confirm XRP’s dominance against Bitcoin, bolstering its bullish case.
Bullish Targets:
Investors and traders predict a rally to $4 and even $8, based on market fractals mirroring XRP's 2017 bull run.
Due to the invalidation of a bearish death cross by a bullish golden cross on the daily chart, $3.50-$4.32 is a viable TP target.
To sustain momentum, XRP must flip resistance at $2.48–$2.60 into support.
Liquidity Levels: A daily close above $2.60 could propel XRP toward $2.72 and $2.90, with minimal sell-side barriers.
As XRP clears resistance levels and establishes strong bullish signals, a rally to $4 is increasingly within reach. Investors are watching closely for key daily and weekly closes to confirm the next leg up.