Can XRP prices target $3.60 next after bullish retest? Assessing…
Main Idea
XRP's price shows bullish momentum with a 5% uptick, retesting a breakout pattern, and experts predict a potential rise to $3.60, supported by on-chain metrics and technical analysis.
Key Points
1. XRP price increased by 5% in 24 hours, retesting a bullish breakout and eyeing a potential 12% rise to $3.67.
2. A crypto expert predicts XRP could reach $3.60 based on a flag-and-pole breakout pattern.
3. XRP's 24-hour trading volume surged by 15%, with $32.68 million in long positions indicating investor accumulation.
4. Key liquidation levels for XRP are at $3.16 and $3.31, with $122.14 million in long positions and $54.40 million in short positions.
5. Technical analysis suggests XRP is bullish, facing resistance at $3.29, with a breakout above $3.30 potentially leading to a rally to $3.67.
Description
XRP price retests bullish breakout, eyes a 12% price uptick.
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