
Here’s a recent technical analysis of XRP, with a well-considered buying call:
📊 Current technical situation
The current price is approximately $2.25, with an overall rating from TradingView and Bitget as a strong "buy" signal – 16 buy readings compared to one sell signal on moving averages (Bitget).
Technical values: RSI ≈ 58, MACD positive, and ADX supports the bullish trend (tradingnews.com).
📈 Bullish Pennant pattern and market strength
Institutional surprises indicate a breakout from the pennant triangle on the weekly chart, supported by a ~33% increase in the Open Interest index → Bullish momentum towards $3.20–$3.40 (≈ +40–+50%) (AInvest).
The Long/Short ratio in futures positions at ~68% in favor of buying, reflecting clear optimism → another support for the bullish signal (TipRanks).
🔍 Key levels: Support and Resistance
Strong support: ~$2.20–$2.22
Resistances: ~$2.35–$2.40 (a breakout means a launch towards $3.20+) (TipRanks).
In the event of breaking resistance, the next target will be $3.20–$3.40, possibly higher.
🛠️ Smart buying tips
✅ For speculators
Entry point: near support at ~$2.22–$2.25
Stop loss: below $2.15
Targets:
First: $2.40–$2.50
In case of breaking resistance: $3.20–$3.40
✅ For long-term investors
Use a DCA strategy between $2.20–$2.40
Hold until levels of $3+, especially if institutional support and regulatory developments continue.
📢 Why buy XRP now?
Strong technical signals from moving averages and momentum indicators
Break of the pennant pattern supported by rising futures indicators
Structural support from institutional investment and high futures open positions
Potential to achieve ≥+40% return in the short to medium term
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🔔 XRP is currently at the heart of momentum – seize the opportunity before the next jump! 🚀
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