XRP consolidates in a symmetrical triangle, signaling potential 50% breakout.
Key breakout level for XRP lies at $2.50, targeting $3.70 resistance.
Stochastic RSI shows bullish crossover, signaling stronger upward momentum.
XRP is showing promising signs of a potential 50% price surge, according to analyst Captain Faibik. The cryptocurrency has been consolidating within a symmetrical triangle pattern, which often signals a continuation of the current trend. XRP is currently trading near the upper resistance of this triangle, indicating strong bullish momentum. If this pattern holds, XRP could break out and potentially reach $3.66.
$XRP Looks Promising for another +50% Bullish Rally..
Next Stop : 3.66$ #Crypto #XRP #XRPUSDT #Ripple pic.twitter.com/T6MdFwrx4C
— Captain Faibik (@CryptoFaibik) January 2, 2025
Key Levels and Trend Analysis
XRP’s price has been confined within a symmetrical triangle. The lower trendline is acting as a crucial support level, tested multiple times around $1.98–$2.00. The upper trendline, currently providing resistance, sits near $2.45–$2.50.
#XRP – Noise (Chart Update)
Indicators Update:
#SRSI: Great news! The Stoch…
The post XRP Price Surge Prediction: Analyst Sees 50% Breakout Potential appeared first on Coin Edition.