I am bullish on $XRP due to a clear bullish breakout on the 4-hour timeframe. Historically, breaking above $0.57 has led to a rally up to $0.65. Despite a bearish divergence with the RSI, my optimism is driven by increasing open interest, strong momentum on the breakout, and speculation of a settlement and potential news spike. Additionally, XRP's low correlation with Bitcoin supports this outlook. My price targets include a possible pullback to $0.57, but the most likely scenario is a rally up to $0.61, followed by $0.66-$0.68. Further potential targets are $0.73, $0.75, and $0.85.
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XRP
0,5883
-2.22%
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