$XRP has once again attracted the attention of investors with its rising performance in recent days. While the crypto market is experiencing bullish winds, #XRP has reached $2.19 with a weekly increase of 6.9%. Technical indicators and volume-supported price movements point to the next stage above $3. Here is the detailed analysis:
๐ Strong Technical Setup: Bullish Signals Accumulate
XRP is currently eyeing a significant resistance level around $2.25. This area has stood out as a strong barrier that has turned the price back several times in recent weeks. However, this time the picture is different:
The MACD (Moving Average Convergence Divergence) indicator has given a bullish crossover signal.
The MACD line has crossed above the signal line, indicating a classic bullish reversal.
As momentum gains strength, volume also accompanies the upward movement.
This technical structure may be a harbinger of a larger move not only in the short term but also in the medium and long term.
๐ Resistance Zones and Targets: Next Stop Named โ$3โ
Crypto analyst Jordan Godard notes that XRP has reached the top of its primary price channel, creating a major technical setup at this level. If a successful breakout occurs at this level, chain-based bullish movements could be triggered.
Critical price levels:
๐น $2.25 โ Major resistance level, which could trigger a strong upward move if broken.
๐น $2.50 โ Target that is being watched closely both psychologically and technically.
๐น $3.00 and above โ The real test for the bulls begins here. This is an area where profit taking and new investor interest can clash.
๐น Volume and Momentum: Is the Power Ready to Trigger the Rally?
XRPโs 24-hour trading volume is at $1.38 billion. This volume shows that the bullish move is supported not only by speculation but also by real buying pressure.
While the bulls are increasing volume, the momentum is increasing, indicating that this price move could be permanent.
If this volume can be sustained in the resistance areas, the $3 target for XRP could become a real scenario rather than just a guess.
๐ง Investor Warning: Fake Breakouts Possible, Confirmation Required
Although technical indicators are positive, analysts warn investors not to get too excited. Because:
A breakout without volume confirmation could result in a fake breakout.
This could lead to a rapid price pullback and panic selling.
Therefore, it is important for investors to follow confirmation signals and volume carefully.
๐ Conclusion: Has the Rise Started for XRP?
XRP's current technical structure suggests that it is positioned ahead of a major rally. If the price breaks out strongly above $2.25, this could pave the way for a test of $2.50 and then $3.
With the MACD's bullish signals, volume growth and momentum strengthening, it is possible to say that XRP is preparing for the next big leg.
๐ In summary: XRP bulls have entered the field. $3 is no longer a distant dream, it could be the next target.
๐ข Note: This article is not investment advice. Crypto assets carry high risk. You should make your investment decision by doing your own research.
