$XRP Tonight target:
To determine a potential target for XRP tonight based on the provided chart, here’s a simple analysis:
1. Current Resistance:
The recent high at 0.8473 is a key resistance level. If XRP continues its upward momentum and breaks this level, it could indicate further bullish movement.
2. Support Levels:
0.7561 (EMA 7) acts as short-term support. If XRP pulls back, this level could provide a buying opportunity if the trend remains bullish.
0.7360 is another potential support zone based on previous price consolidations.
3. Price Target:
If XRP breaks the 0.8473 resistance, the next psychological target could be around 0.90.
However, if the price fails to break through and reverses, it may retest the 0.7561 level or even drop to around 0.7360.
Summary
Bullish Target: 0.85 - 0.90 if the price breaks above 0.8473.
Bearish Scenario: Pullback to 0.7561 or 0.7360 if it fails to break resistance.
Keep in mind that crypto markets are highly volatile, so setting stop-losses and monitoring price action is advisable.