📉 XRP Faces Major Resistance Ahead
Crypto analyst Steph 🧠 warns XRP investors about a multi-year resistance at $3.6, which the altcoin has failed to break twice — first in January, then again recently. This trendline remains key 🔑 as XRP eyes new highs. Failing to flip it into support may lead to ugly downward momentum ⚠️.
🚀 Breakout Could Be Explosive
Steph believes a break above $3.6 could trigger a parabolic rally 📈, potentially launching XRP into double-digit territory 💥. In the short term, he sees a move to $4.42, thanks to a double bottom breakout on the 4-day chart. Despite current market pullback, upward momentum may hold strong 💪.
🔄 Retesting Support at $3
Analyst CasiTrades 📊 notes XRP fell from $3.21 and is now testing $3.00 as support. She points to a deep retrace that might kick off a powerful wave 3 💫. If volume rises 📊 and XRP reclaims $3.21, it could rally to $3.82 — the 2.618 Fibonacci extension 🎯. XRP currently trades at $3.16.