There is a 1-hour God Candle Backtest for XRP at $3.42

Key Points

1. XRP's price action is consolidating above key trendlines, with a critical backtest at $3.42 that could confirm bullish momentum or expose weakness.

2. As of the report, XRP is trading at $3.1845, with a recent surge to $3.4279 (+7.64%) marking a potential breakout.

3. Technical indicators, including clustered EMAs (10, 20, 55) near the current price and the 200 EMA at $2.8457, support a broader bullish trend.

4. The 'God Candle' backtest at $3.42 may validate new support, with strong buying momentum indicated by over 22 million XRP traded during the spike.

5. Analysts suggest XRP could rally to $4–$5 soon and $7–$15 by September, with technical indicators reinforcing the importance of the $3.42 level.