๐ $XRP Reversal Confirmed โ $4 Target Now Locked In?
After reversing from a crucial purchase zone, XRP is bullish again. A crypto specialist predicts that the altcoin is eyeing a new all-time high of $4, with technical signs pointing in that direction.
XRP Nears $4 After Bullish Reversal
XRP has been constructing a bullish structure since plunging into the discounted zone around $0.85 to $1.00. It is now displaying indications of a trend continuation that might take it beyond $3 psychological barrier and up to $4.
The analytical team showed a clear structure consistent with Smart Money Concepts (SMC), including accumulation, Break of Structure (BOS), and liquidity hunting before the current upward trend. According to the study, the cryptocurrency reversed from a purchase zone that attracted buy-side liquidity due to recent strong momentum.
Setupsfx_ suggests a secondary accumulation period before approaching $3.00, with XRP trading just over $2.4 and stabilizing following its initial surge. A breach over $3.00 barrier may take prices above $3.7 and toward $4 in the coming weeks if positive momentum and volume persist.
The TradingView analytical team predicts a turbulent crypto market. They still predict XRP to rise 66.6% to a new ATH.
While expecting XRP to reach $4, He identifies best entry points, stop losses, and purchase zones on his charts.
The TradingView analytical team finds an entry target around $1.6 and a stop loss over $1.4 to reduce downside risk. The team also found good buys between $2.40 and $2.43. If the cryptocurrency maintains its pace toward $4, the chart suggests this range may be a better entry position.
