⬤ XRP is holding steady above a critical support area on the daily chart. The technical setup suggests we might be looking at the beginning of a significant rally starting this Monday.
⬤ The chart highlights a green accumulation zone sitting around the $1.40 mark, which traders are watching as a strong support level. Price action shows XRP interacting with this base area and testing the defined range.
⬤ If the support holds, the projected path shows a curved trajectory moving upward from this zone toward the $5.00 region and potentially beyond. The analysis suggests this could develop into a parabolic advance once price breaks away from the current accumulation area.
⬤ Overall, the technical setup presents a bullish scenario with XRP potentially climbing from the current support zone toward significantly higher price targets shown on the chart.
XRP Chart Shows Potential Rally From $1.40 Support Zone to $5.00+
⬤ XRP is holding steady above a critical support area on the daily chart. The technical setup suggests we might be looking at the beginning of a significant rally starting this Monday.
⬤ The chart highlights a green accumulation zone sitting around the $1.40 mark, which traders are watching as a strong support level. Price action shows XRP interacting with this base area and testing the defined range.
⬤ If the support holds, the projected path shows a curved trajectory moving upward from this zone toward the $5.00 region and potentially beyond. The analysis suggests this could develop into a parabolic advance once price breaks away from the current accumulation area.
⬤ Overall, the technical setup presents a bullish scenario with XRP potentially climbing from the current support zone toward significantly higher price targets shown on the chart.