$XRP The charts are lighting up recently, and the rumors are true. Here’s the latest update filled with insights, targets, and a strategic plan - all presented to you in our signature friendly tone. Let’s see if the next stop for XRP is $10! 💥
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📊 Market Overview & On-Chain Surge
Price Action: XRP recently reached its highest level in several years at around $3.70, indicating a +50% increase this month.
On-Chain Activity: Daily trading volume jumped to $1.4 B, with whale movements and open interest reaching new levels ($11B in futures).
Institutional Momentum: Recent on-chain transfer of 167M XRP (~$497M) shows significant accumulation.
Regulatory & Macro Winds: Momentum is driven by ETF talks, legal clarity, and cryptocurrency bill proposals in the United States.
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📈 Technical Analysis: Patterns & Momentum
Bullish / Descending Wedge forming on 4H - typically a strong breakout setup.
Symmetrical triangle breakout confirmed; resistance has been surpassed at ~$3.56–3.66.
Bullish EMA golden cross (20 above 200) along with ADX/MACD pointing upwards, RSI is not overbought yet.
Wave Structure: Elliott Wave count indicates that the current rise is wave 3 - with momentum accelerating.
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🎯 Key Levels & Trading Plan
Level Importance & Strategy
**$3.40–$3.50** Support area - ideal buy zone on dip, confirmed accumulation
$3.66–$3.70 Immediate resistance - surpassing this opens the next phase
