XRP tests critical support levels, signaling the potential for significant price movement.
A break above $3.46 could set XRP on a bullish trajectory, surpassing ATH.
Triangle formation at apex forces a key decision that could drive price action.
XRP’s recent price action signals a potential breakout as it bounces off critical support levels, setting its next target at $3.46. After testing the .382 Fibonacci retracement level, XRP is consolidating between the .236 support and a key trendline.
Analysts suggest this tightening range could lead to a significant price move, with the updated extension target surpassing its previous all-time high of $3.35 on Binance.
CasiTrades highlights that XRP’s current setup aligns with a larger ABCDE correction pattern that initially failed but has regained relevance. With the market poised for action, XRP traders are closely watching whether the digital asset can sustain bullish momentum and break past its key resistance levels.
XRP Update: A Big Move Could Be Coming!
What an exciting day for #XRP! We’ve seen a solid wave bounce off the .382 support, which was a key level we’ve been watching. Right now, the pr…
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