$XRP is showing resilience above $1.050, building momentum for a potential breakout over the $1.180 resistance. Bulls are stepping up—could $XRP be on the verge of reaching new highs? Let’s dive into the details.
Current Price Action
1. XRP recently surged past the $1.080 resistance, solidifying its bullish stance.
2. The price remains steady above $1.085 and the 100-hour Simple Moving Average (SMA), signaling strong support for further gains.
3. A positive trend line is forming on the hourly chart, with critical support around $1.100.
Upside Targets for $XRP
XRP has been climbing steadily, breaking barriers and eyeing higher levels:
1. Immediate Resistance: $1.1680 – A breakthrough here could pave the way for larger moves.
2. Key Barrier: $1.200 – Bulls need to conquer this level for significant momentum.
3. Next Big Challenge: $1.2740 – Breaking this point might propel XRP toward $1.3220 or even higher to $1.3500+.
If bullish momentum continues, XRP could even test the $1.450 zone, marking a new milestone.
What If XRP Dips?
Should XRP struggle to breach the $1.1680 mark, it might experience a pullback:
1. First Support: $1.100 – The trend line should act as a safety net.
2. Critical Zone: $1.060 – A break here could see XRP sliding toward $1.000 or even $0.980, the next major support level.
Technical Indicators
MACD: Rising in the positive zone, indicating growing bullish momentum.
RSI: Positioned above 50, showing strength in buying activity.
Final Thoughts
XRP is holding strong with solid support and is primed for a potential breakout. Key resistance levels like $1.200 and $1.2740 are within reach, but bulls must maintain their momentum. Keep an eye on support zones at $1.100 and $1.060 in case of dips.
📊 XRP's upward trend looks promising—will it surpass the $1.200 milestone and beyond?
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