$XRP is showing impressive strength, surging +25% and maintaining support above $1.00. With key resistance levels approaching, the question is whether $XRP can continue its bullish breakout or face a pullback. Let’s dive into the latest price action!
Key Highlights:
✅ Broke above $1.050 resistance and the 100-hour SMA, signaling bullish momentum.
✅ Testing the critical $1.1380 barrier – a key level for continued upward movement.
✅ Momentum suggests $XRP could target higher levels if it breaks resistance zones.
Critical Targets for XRP
🎯 Target 1: $1.1380 – Breaking this Fib retracement level could open doors for a stronger rally.
🎯 Target 2: $1.2500 – A key hurdle for the next bullish phase, crossing this could attract more buyers.
🎯 Target 3: $1.3850 – XRP’s next major resistance before the psychological $1.50 mark!
Support Levels to Watch
Initial Support: $1.050 – Holding above this reinforces bullish sentiment.
Strong Support: $1.00 – Losing this could lead to a decline toward $0.9320 or even $0.880.
💡 Pro Insights:
XRP’s hourly MACD is rising in the positive zone, and the RSI remains above 50, signaling strong upward momentum. A breakout above $1.1380 could pave the way for a rally toward $1.3850 or even $1.50, with bulls firmly in control.
🔥 Pro Tip: Watch for a potential dip near $1.050 for a strong re-entry opportunity before the next leg up!
