$XRP shows bullish signs: Key levels to watch for a breakout to $0.66 - AMB Crypto
đ XRP has seen gradual growth recently, increasing 5.2% in two weeks and 2.3% over the past week, despite a slight decline in the last day.
đź Technical analysis shows a bullish outlook for XRP, with potential to rise to $0.66 if support at $0.52 holds. XRP has been forming an ascending channel pattern on the 4-hour chart, which signals a possible uptrend if it breaks above the $0.56 level.
đ The ascending channel pattern is a bullish formation. If XRP closes above the upper boundary and maintains support at $0.52, the chances of further gains increase.
đ From a fundamental perspective, XRP's Relative Strength Index (RSI) is at 60, indicating room for growth without entering overbought territory. Active addresses, though slightly down from Augustâs peak, remain strong between 190,000 and 199,000, signaling continued market interest.
