Why is XRP going up today? – New all-time high, price targets and more…
2025-07-18 08:17:58
Main Idea
XRP has surged to a new all-time high, surpassing $3.4, with potential further gains targeting $4.5, driven by strong bullish momentum and steady demand.
Key Points
1. XRP reached a new all-time high of $3.4, surpassing its previous record from January 2018.
2. The cryptocurrency showed intense bullish momentum, with a reading of 89.8 at the time of the surge.
3. Key resistance levels at $3.1 and $3.4 were breached, with next targets at $3.82 and $4.5 based on Fibonacci retracement levels.
4. Steady demand for XRP, as indicated by the On-Balance Volume (OBV), suggests the rally may continue despite potential short-term volatility.
5. The bullish breakout was marked by a near 30% rally over four days, with few signs of halting.
Description
The move beyond $3.4 and new XRP all-time highs meant that the $4.5 was the next target, but there could be even greater gains to be made.
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