XRP Targets $1.56 After Triangle Breakout 🚀
$XRP is riding a bullish wave, surging 78.74% last week and reclaiming the critical $1 mark. Trading at $1.11, the coin recently hit a 52-week high of $1.2654 and is testing resistance at $1.29 (78.60% Fibonacci level).
Key Indicators:
EMA Alignment: Positive crossovers between the 50-week, 100-week, and 200-week EMAs signal continued bullish momentum.
MACD: A sharp rise confirms buying pressure.
Upside Targets:
$1.56 and $2.34 based on #Fibonacci retracement.
Risk Factor:
Failure to sustain momentum could see a pullback to $0.9318.
💡 Is this the start of $XRP ’s breakout to new highs?