XRP/BTC must close above 21 EMA and 0.000015 for potential breakout.
Bullish signals, including a symmetrical triangle pattern, indicate a significant potential surge.
XRP’s price target could reach as high as $3 if it breaks above key resistance levels.
XRP is on the brink of a significant breakout, potentially setting the stage for a major price surge. The current technical setup highlights a crucial moment for XRP, especially given its recent performance.
Critical Resistance Levels for XRP/BTC
As per EGRAG CRYPTO, a top analyst, XRP/BTC needs to establish a solid closing above the 21 EMA to signal a successful bounce from recent macro-bottoms. This EMA level has been a significant marker in the recent trend, and surpassing it could build confidence in a sustained upward movement.
XRP/BTC is currently navigating a Triangle formation, with the edge of this pattern at approximately 0.000015. A convincing close above this level would signal a potential breakout.
Read also: XRP Surges Past Long-Term Resistance: Could It Finally Outshine Ethereum?
If XRP can surpass both the 21 EMA and this Triangle edge, it could surge to 0.000027. This would then…
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