XRP Price Analysis – Accumulation Phase & a Potential Rally to $2.40? 🚀💸
XRP is currently trading at $2.04 with a +1.84% gain in the last 24 hours! 📈 Despite market uncertainty, indicators are flashing green for a possible breakout toward $2.40, which sits right at a major resistance zone & Point of Control (POC). ⚡️
Yes, the long-term trend is still showing lower highs & lows 📉—down 4.55% this week and 8.52% over the past month—but recent liquidity sweeps are hinting at a strong accumulation phase. 📊
The $2.40 mark isn’t just any number—it’s where volume, structure, and resistance collide. Break above this, and we might see the bearish trend flip. 🔄
Even more bullish? XRP wallet activity is up a whopping 620%—🔥 crushing Bitcoin’s 10% jump in the same period. And remember, April has historically been XRP’s month, averaging +24.3% returns over the past decade! 🌸
On the fundamentals side, Ripple has settled with the SEC ⚖️, and XRP-focused ETF filings are in the pipeline. Long-term vision? Looking solid. 🧠
But hey, let’s stay sharp—no confirmed breakout yet. A clean move above that descending trendline is a must to call it a full reversal. 📌
With a $6.55B 24h volume and a $119.44B market cap, XRP is heating up—but timing is everything. ⏱️
Stay ready. Big moves could be ahead. 🧐🔥