Analyst Says XRP Price Breakout Is In Progress, Sets Price Targets for Next 24 – 48 Hours

Key Points

1. XRP showed strong bullish momentum after rebounding from the $2.07 support level, identified as a golden confluence zone by technical indicators.

2. The $2.25 resistance level is crucial for determining the next phase of XRP's rally, with a breakout potentially confirming sustained growth.

3. Casitrades outlines two short-term scenarios: a pullback to retest $2.25 as support or a more aggressive push toward $2.45 or $2.69.

4. Legal developments in Ripple's case with the SEC are seen as a positive factor for XRP's price movement.

5. The next 48 hours could be critical for XRP's price trajectory, with momentum building toward a potential breakout.