XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move
2025-07-06 12:24:31
Main Idea
XRP's price is showing signs of a potential bullish breakout, with technical indicators suggesting a continuation of its upward trend, while Bitcoin Hyper's presale gains traction.
Key Points
1. XRP is trading at $2.27, up nearly 2% in the last 24 hours and more than 3% over the past week.
2. Technical analyst Crypto Michael highlights XRP's long-term consolidation and recent breakout, suggesting a major move is imminent.
3. XRP has reclaimed the $2.2175 support level, with the Relative Strength Index (RSI) approaching 60, indicating bullish momentum.
4. Bitcoin Hyper ($HYPER) has raised nearly $2 million in its public presale, merging Bitcoin's security with Solana's speed.
5. XRP's potential breakout targets include $2.337 to $2.406, with support levels at $2.2175, $2.146, and $2.080.
Description
XRP is trading at $2.27, up nearly 2% in the last 24 hours and more than 3% over the past week. The recent momentum follows heightened speculation from technical analyst Crypto Michael, who highlighted XRP’s long-term consolidation phase. His chart, shared on X (formerly Twitter), shows XRP compressing for seven years inside a symmetrical triangle before breaking out in late 2024—a move that sparked a 700% surge from roughly $0.60 to over $2.00. XRP has been consolidating for 7 months since it p...
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