🔍 XRP CHART ANALYSIS – READY FOR A STRONG BOUNCE? 🚀
📊 Technical overview:
• The 1D (daily) chart shows that $XRP has had an impressive rally from below $0.50 to the most recent peak of $3.51, corresponding to +141.98% in a short period.
• Previously, during the late 2024 – early 2025 period, XRP surged over +558.30%, reaching $2.71, demonstrating strong breakout potential whenever it exceeds accumulation levels.
📉 Current price status:
• Current price: 2.9691 USD.
• In a correction phase following a strong rally but still holding above important support around the $2.50–$2.70 range.
🧱 Support zone:
• Strong at levels ~$2.50 and ~$1.80, which are areas that had prolonged accumulation previously.
• If the $2.50 support holds, there is a high chance of forming a higher low – a sign of continued upward trend.
🟥 Resistance zone:
• The $3.50 level is currently strong resistance. If this zone is broken, the potential to expand to the $4.00–$5.00 range will be activated.
✅ CONCLUSION
$XRP is currently in a re-accumulation phase after a strong increase, and technical signals suggest that this coin could bounce back at any time if the $2.50 support is not broken.
🔔 Positive scenario: If trading volume returns and XRP breaks through the $3.50 zone with strong momentum, the next target could be in the $4.5–$5.0 range.
⚠️ Short-term risks: If it breaks below $2.50, the correction may pull XRP down to deeper support around $1.80.
📌 Suggested strategy for investors:
• Look to buy around the $2.50 zone if clear reversal signals appear.
• Cut losses if the price breaks below this support with high volume.
• Short-term profit target: $3.50–$4.00; long-term: $5 ..#xrp