๐ฅ๐ฅ๐๐๐ง ๐๐๐ ๐๐๐๐๐ก $๐๐? ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค๐๐ฅ
$XRP recently crossed the psychologically significant $2.50 mark, sparking renewed optimism among its supporters and fueling a positive market sentiment. While the token is experiencing upward momentum, expert analyst Ali Martinez cautions that aiming for a double-digit price like $11 may be overly ambitious. He notes that XRP is currently consolidating in a bull pennant pattern, with a key resistance level at $2.73. Should this resistance hold, thereโs a risk of a retracement to $2.05.
For $XRP to break the $2.73 resistance and continue its ascent, it would need a 12% rally. If it successfully clears this barrier, the path could open for a significant rally. The next target could be the Fibonacci level at $2.91, and then potentially moving toward the 1.272 Fibonacci extension, which could see prices rise to $4.73. A sustained breakout above these levels could push XRP past its previous all-time high, setting the stage for an even more substantial rise toward the $11 mark.
As the market closely monitors XRPโs price action, traders are keeping a close watch on critical support and resistance zones. If $XRP
โs bull pennant pattern plays out as expected, it could mark the beginning of a new rally, potentially leading to unprecedented highs. While the journey may encounter some resistance along the way, the outlook remains positive, and the next few weeks could be crucial in determining whether XRP can achieve these ambitious price levels.
#Xrp๐ฅ๐ฅ #AIAgentFrenzy #CryptoReboundStrategy #BitcoinTurns16