📢 $XRP ✨✨🚀🚀
📈 XRP Breaks $2.20 Resistance with 3x Volume Surge
🚀 Price Action:
XRP has surged past the crucial $2.20 resistance level with a nearly 2% increase in price, fueled by a threefold spike in trading volume.
🌍 Macro Sentiment:
The move comes as global geopolitical tensions ease, restoring investor confidence across the crypto markets.
📊 Market Recovery:
After a recent downturn, XRP has recovered over 14% and is now testing a new support zone between $2.22 – $2.23.
📐 Technical Analysis:
Analysts confirm that XRP has broken out of a falling wedge pattern and entered a long-term symmetrical triangle formation that has been developing for 334 days.
💡 Forecast:
If the bullish momentum continues, experts predict a potential rally toward the $5 – $10 price range.
📈 Volume Confirmation:
On June 25 at 13:00 UTC, trading volume exceeded 107 million units, with notable surges:
🕐 13:18 UTC: +1.63% price spike
🕜 13:44 UTC: +13M units traded
💸 Despite a $58M transaction, sellers failed to push the price lower, reinforcing the strength of the new support zone.
📈 Indicators:
Both RSI and MACD are signaling continued bullish momentum.
🔍 Investor Focus:
All eyes are on whether this support level holds, potentially launching XRP toward higher targets.
🟢 Conclusion:
XRP’s strong rebound is seen as a symbol of renewed confidence in crypto, especially amid improving global stability and risk appetite.
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📢 I am not a financial advisor. Do your own research before investing.