🚀 Currently, XRP is showing signs of recovery, rising to $2.43 after a recent sharp drop. Current technical indicators confirm an optimistic outlook: XRP is forming its third consecutive 'bullish pennant' — a classic pattern indicating the potential for significant growth. If the support level at $2.25 holds, the next target for XRP is $4.40. More optimistic analysts talk about long-term possibilities to reach even $8.40 or higher.
🔥 Key growth drivers $XRP include the following factors:
Technical structure: The current market situation shows a strong upward trend, supported by an increase in trading volumes and activity in the derivatives markets.
Increased investor interest: The rapid growth of long positions indicates growing optimism among traders.
Potential news background: Strengthening Ripple's positions in legal disputes and growing interest in their ecosystem contribute to attracting attention to $XRP .
Advice for investors: The market remains volatile, so it is important to exercise caution.$XRP P currently offers interesting opportunities for those willing to take risks. The most conservative strategies include buying on retesting the $2.25 level with a target of $4.40. However, for long-term investors, it is important to consider macroeconomic and regulatory risks; the best buying opportunity was at a price of $1.9 this morning, but it is never too late.
So far, it is not too late to invest in XRP.