📈LONG: $XRP (1D)
Current Price $2.33
Market Cap $136.02B
Change 1h +1.87% | 24h +7.32%
Daily Indicators:
• RSI: 62 - Neutral 🟠
• MACD: 0.02 - Bullish 🟢
• EMA: 2.16 - Trading Above 🟢
Analysis:
XRP is building momentum in a classic falling wedge, a pattern often signaling a bullish breakout. Since December, it's been setting up for an upward move, and with accumulating pressure, a breakout could be imminent. This setup hints at a possible rally, so it’s one to watch closely.
Price Targets:
If a breakout occurs, initial targets could be the previous high around $2.50. A bigger rally could push XRP towards $3.50 and potentially even $5.00 if bullish momentum continues. Keep these targets in mind for potential gains.