XRP Price Action Signals Bullish Reversal – Is a Mega Rally Brewing?
$XRP is making waves once again.
A fresh technical analysis has confirmed a bullish reversal setup on the 1-hour chart — and it’s catching serious attention from traders and analysts alike. The catalyst? A strong rebound from a critical demand zone, with price action now holding firm above $2.37.
Analyst 'FrankFx14' highlights that the $2.312–$2.370 range has historically acted as a powerful accumulation zone — and$XRP
XRP’s latest bounce here is no coincidence. A bullish engulfing candle at the zone’s lower boundary has officially triggered reversal signals.
Backed by LuxAlgo Supply and Demand indicators, momentum is building. If XRP maintains this strength above $2.37, the next immediate upside targets are $2.49 and $2.60, areas marked by previous seller dominance.
But the real excitement? XRP has broken out of a long-term Falling Wedge — a classic setup for explosive rallies. Analysts like Crypto Avi are now calling for a mid-term target around $4.90, a potential 114% move from today’s price of
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