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🚀 XRP around $2 – Golden opportunity or the end of the uptrend?
📉 XRP decreased nearly 40% but is still up 350% from its low
Reached a peak of $3.40, currently around $2.19.
Selling pressure due to the trade war during Trump’s term, even though the SEC withdrew the lawsuit against Ripple.
XRP's price fluctuated between $1.77 - $3.21 since January 2025.
📌 Current trend: Accumulation and waiting for a breakout
🔹 Important support: $1.77 - $1.50 (strong demand zone).
🔹 Resistance to overcome: $3.21 (confirmation of the uptrend).
🔹 Analyst CrediBULL Crypto: XRP needs to test $1.77 again before there’s a buying opportunity.
📊 Trading strategy:
✅ If the price rebounds from $1.77, a buy order can be placed.
🚨 If it breaks down below $1.50, it may decrease further.
📈 If XRP surpasses $3.21, there is a strong likelihood of continuing to rise.
🔥 “Bull flag” pattern – Can XRP reach $12?
Stellar Babe states: If XRP exceeds $3.21, the bull flag pattern could push the price to $12 (+450%).
📈 Long-term bullish channel – Target $6.50?
InvestingScoope: XRP remains within a 5-year bullish channel.
If history repeats itself like in the 2020-2021 period, XRP could reach $6.50.
👉 In summary: $XRP is in the accumulation phase. If it holds above $1.77 and breaks out of $3.21, the potential for growth is huge! 🚀