🔥One question guys?🔥Will $XRP Repeat Its 2018 Crash After a Stunning Rally?
Key Points to Watch:
XRP price skyrocketed by over 75% in days, crossing the $2.00 mark.
It broke a major monthly resistance at $0.6880, sparking a bullish wave.
Challenges loom near $2.50 and $3.00—could this rally take a sudden turn like in 2018?
XRP's Wild Ride: What's Happening Now?
XRP is riding high with bulls in control, climbing above $2.20 and approaching key resistance at $2.50. However, the big question is: can it maintain this momentum or face a setback like the infamous 2018 crash?
Breaking Barriers
Just weeks ago, XRP shattered a long-standing consolidation pattern on its monthly chart, breaching $0.6880. This breakout ignited a rally like no other, pushing the price past $1.20, $1.50, and $1.80 in quick succession.
Why the Sudden Surge?
This surge wasn’t just another pump—it cleared the 76.4% Fib retracement of a massive drop, from the $1.967 high to the $0.2870 low. That’s a major technical achievement, putting XRP ahead of Bitcoin and Ethereum in gains.
Can XRP Hold Above $2.50?
While the momentum is strong, $2.50 poses a serious resistance level. If the price consolidates here, it might gear up for another leg higher toward $3.00. But, if history repeats itself, a sharp correction could be on the horizon.
What's Next?
XRP is at a critical crossroads. A successful push above $2.50 could open the doors to $3.00, but failure might bring back memories of its dramatic 2018 crash.
Keep a close eye on the charts and trade carefully—this is shaping up to be a decisive moment for XRP!