XRP Price Analysis: 4-Hour Time Frame Update and Target Goals
Main Idea
XRP is showing bullish momentum on the 4-hour time frame, with key technical levels indicating potential breakout targets and critical support zones.
Key Points
1. XRP has printed several clean candlestick closes above the $3.00 mark, indicating sustained buyer confidence and short-term trend continuation.
2. Wick behavior shows sellers are present but weak, with candle bodies remaining solidly above $3.00, suggesting limited selling pressure.
3. A potential retest between $2.96 and $2.93 is possible, which could renew buying pressure for the next upward move.
4. $2.80 is a crucial support level; a close below this on the 4-hour chart would significantly weaken the bullish structure.
5. Key upside targets include $3.185, $3.25, $3.33, and $3.45, with the latter two signaling potential preparation for a new all-time high.
Description
XRP is showing renewed strength on the lower time frames, with the 4-hour chart pointing to a bullish structure that could soon lead to significant price movement. Respected analyst EGRAG CRYPTO, in a detailed update shared on X, highlights several key technical signals that suggest XRP is positioning for its next breakout phase—if critical levels hold. Bullish Closes Above $3 Reinforce Momentum. XRP has now printed several clean candlestick closes above the $3.00 mark, a major psychological and...
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