$XRP Price Surge?
XRP is showing strong bullish momentum by forming a classic cup-and-handle pattern on the charts. This setup could be the catalyst that finally pushes XRP past $3.00. 🚀
Recent Performance
XRP bounced 10% over the last seven days after a steep drop to $1.76 earlier in February. Exchange outflows have turned negative, reducing selling pressure.
Technical Setup
The cup-and-handle pattern signals a bullish continuation. A U-shaped cup followed by a small pullback sets the stage for a breakout if XRP clears the $2.75 level.
Price Target
A successful breakout could propel XRP to $3.40—a potential gain of 25%. This target is backed by strong technical indicators.
Analyst Views
Dark Defender highlights the importance of breaking the $2.77 level to pave the way for further gains. Kwantxbt notes bullish divergence on daily charts, hinting at a rise toward the $2.85–$3.15 range.
The Bottom Line
With exchange outflows increasing and key technical levels in sight, XRP appears poised for a significant rally. Keep an eye on the charts—momentum could spark a breakout soon. 📊🔥
