The technical analysis of the daily chart #XRPUSDT🚨 reveals the formation of a classic bullish trend, a setup that points to 15 dollars, a bullish potential of 520% compared to the current levels. The 50-day simple moving average provides solid support at 2.10 dollars, while the relative strength index remains above the level of 50.
A daily close above 2.41 dollars would confirm the breakout of the current price structure and pave the way towards the target of 15 dollars. This technical projection aligns with the forecasts of leading analysts in the sector, particularly Egrag Crypto who, using Elliott wave theory combined with Fibonacci levels, anticipates the reach of 15 dollars by May 5, 2025.