Main to remember
XRP increases by 5%, retests a bullish break and the eyes of $ 3.67 as expert predictions, strong measures on the channel and technical models indicate an increase in the rise and increasing participation of investors.
With an increase in the price of 5%, Ripple (XRP) managed to retest its upward rupture.
This retest is not only a sign of optimism for XRP holders, but also a potential confirmation of the upward momentum.
The daring prediction of the expert and the momentum of current prices
Reflecting current market optimism, a well -known cryptography expert shared a daring prediction on X (formerly Twitter), declaring: “XRP’s objective is $ 3.60.”
The forecasts were based on a flag and pole rupture scheme and quickly became viral, attracting 63k impressions.
At the time of the press, XRP was negotiated at $ 3.28, up 5% in the last 24 hours. This rally follows a successful retaining of his break and sparked a strong participation of investors and traders.
According to CoinmarketCap, the 24 -hour XRP trading volume jumped 15% compared to the day before.
XRP optimistic metrics on the channel
This increase in price and commercial volume is awarded to the participation of long -term investors and holders, who have started to accumulate the token.
The Coinglass chain analysis platform reveals that $ 32.68 million in XRP chips have flowed exchanges, suggesting potential accumulation.
In addition, this influx of negative exchange indicates a high purchase pressure and could trigger a massive rally on the rise.
Source: Coringlass
At the same time, traders also follow the same trend. The data show that, for XRP, the main levels of liquidation are $ 3.16 and $ 3.31, where traders are over-deposed.
In addition, at these levels, they built $ 122.14 million in long positions and $ 54.40 million in short positions, which seem to be liquidated as the price continues to increase.
Source: Coringlass
During the combination of this data on the chain with the bold prediction of the expert, it seems that the bulls dominate and push the assets to maintain his bullish momentum.
In addition, the level of $ 3.31 seems to be the only obstacle that XRP is confronted; If it erases this level, the asset could see a massive price increase.
XRP price action and technical analysis
The technical analysis of Ambcrypto revealed that XRP became bruise after the break and the retaining of an optimistic flag and pole model formed on the four -hour table.
At the time of the press, the asset seemed to face resistance at $ 3.29.
This level also resembles the neckline of an inverted pattern of head and shoulders that XRP has formed on the same graphic.
Source: tradingView
Several Haussiers models indicate a strong ascending perspective for XRP.
If the asset breaks and closes a four-hour candle above $ 3.30, it could rally 12%, potentially reaching $ 3.67. Xrp The Haussier scenario is reinforced by the Supertrend indicator, which is green and positioned below the current price.
This signals an active upward trend with high purchase pressure and bullish domination.
