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via Cointelegraph · By Cointelegraph Staff

Here’s why analysts say XRP price is ready for a ‘full-scale rally’ to $2

XRP

XRP/USDT

$0.9921
-1.36%
24h Volume

$349,125,516.66

24h H/L

$1.0058 / $0.9902

Change: $0.0156 (1.58%)

Long/Short
78.5%
Long: 78.5%Short: 21.5%
Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$0.9987

-0.41%

Volume (24h): -

Resistance Levels
Resistance 3$1.0364
Resistance 2$1.0175
Resistance 1$1.003
Price$0.9987
Support 1$0.9869
Support 2$0.8330
Support 3$0.7530
Pivot (PP):$1.003
Trend:Downtrend
RSI (14):35.1
CS
Cointelegraph Staff
(12:46 PM UTC)
1 min read
SC
Reviewed bySarah Chen

XRP (XRP) rallied 9% over the weekend to $1.50 as several technical and onchain indicators suggested it was due for a “full-scale” upward breakout.

Key takeaways:

  • XRP’s funding rates and Bollinger Bands indicator warn of volatility in the coming days.
  • XRP’s symmetrical triangle breakout targets $2.05.

XRP bullish reversal signals emerge

Data from TradingView showed XRP/USD remained 60% below its…

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Source

Cointelegraph Staff · Cointelegraph

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