XRP Eyes $1.97, Could Jump 12% 🚀
$XRP surged 12% on Nov. 29, trading at $1.89 with strong momentum toward its April 2021 peak of $1.97, a 12.85% gain from current levels. 📈
Key factors supporting this rally:
On-chain activity spike with increased active addresses and profitable transactions dominating a 6.73:1 ratio.
RSI at 88, signaling overbought conditions, yet MACD supports further gains.
Open interest in $XRP futures surpassed $2.41 billion, indicating rising market demand.
Support lies between $1.26 and $1.40, with a potential breakout paving the way to retest the $3 mark, $XRP 's 2018 ATH. 🌟 Will it sustain the momentum?
