XRP Price Analysis: How Possible is for Ripple to Hit $4 In The Next Few Days?
Main Idea
Ripple (XRP) is testing the $3.6 resistance level, with potential to advance toward $4 if the breakout succeeds, though short-term consolidation or pullback is possible.
Key Points
1. Ripple has rallied to test the key $3.6 resistance zone, which could lead to an extended advance toward $4.
2. XRP recently bounced from the $2.8 support zone, aligning with the 0.5 Fibonacci retracement of the prior rally.
3. A successful reclaim of the $3.6 level with strong volume could make the $4 threshold more attainable.
4. Short-term consolidation or a minor pullback from $3.6 is possible due to overhead supply before any sustained breakout.
5. On the 4H timeframe, XRP’s bullish structure is forming, with support at the 0.5 Fib level and a decisive upside breakout fueling the advance toward $3.6.
Description
Ripple has recently rallied to test the key $3.6 resistance zone. Should buying pressure continue and price secure a breakout above this level, the move could pave the way for an extended advance toward the $4 region. XRP Price Analysis By Shayan The Daily Chart XRP has recently bounced from the critical $2.8 support zone, which aligns with the 0.5 Fibonacci retracement of the prior rally. This confluence attracted notable buying interest, triggering a sharp upswing toward the $3.4–$3.6 resistan...
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