Bitprismia

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

2025-06-30 11:09:08

Main Idea

Analyst Casitrades predicts an ongoing breakout for XRP, identifying key price levels and potential short-term scenarios, supported by technical analysis and legal developments.

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.

Description

XRP is showing strong bullish momentum after a precisely timed rebound from a key support level, with signs pointing to an ongoing breakout. According to technical analyst Casitrades, Friday’s bounce from $2.07 was no accident; it was the result of multiple technical confluences aligning to mark the end of a corrective phase. As XRP trades around $2.17 at press time, the market is now eyeing the crucial $2.25 resistance level, which could determine the next leg of the rally. A Calculated Rebound...

>> go to origin page
📱 Full Version
$XRP
$2.2191
-2.44%