#xrp
XRP starting with 3: Not a fantasy!!!
The market capitalization of the longstanding mainstream XRP has reached 155 billion USD, successfully entering the list of the fourth largest cryptocurrency by market cap.
Currently, the market sentiment towards XRP is continuing to heat up. From the trend, XRP is showing a parabolic rise, breaking through multiple key resistance levels with great momentum, among which the price level of 2.05, which has iconic significance, has been easily surpassed.
The upward trend has received extremely strong support, especially on the Upbit exchange in South Korea, where the trading volume reached 3.69 billion USD.
In contrast, the trading volumes of Ethereum and Bitcoin have significantly declined, further highlighting the unique and prominent position that XRP occupies in the current market cycle.
The key question now is whether XRP can continue along this favorable trajectory and successfully break through to start with 3.
Given the current strong momentum, this goal is very simple. Around 2.75 is the next critical resistance level, and once this is successfully surpassed, the next step will be to reach the 3s. Of course, this outcome will also depend on the overall market situation and the ongoing attention from institutions and retail investors.
However, it is important to note that XRP's RSI has risen above 87, which clearly indicates that XRP is in an overbought state.
This situation undoubtedly greatly increases the possibility of consolidation or a pullback before starting a new round of upward momentum.
Therefore, the two critical support levels are 1.70 and 2.20.
In summary, the goal of XRP reaching the 3s is no longer out of reach. With record trading volumes and solid fundamental support, starting with 3 is no longer a fantasy; it is a reality that is about to arrive!
If anyone feels confused due to market fluctuations, not knowing how to deal with being caught in a situation, or feels misled during the trading process, feel free to reach out for discussion!
I am Lao Li.
