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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

$1.4117
-0.72%
24h Volume

$1,219,388,049.11

24h H/L

$1.4327 / $1.398

Change: $0.0347 (2.48%)

Long/Short
74.2%
Long: 74.2%Short: 25.9%
Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4095

-0.20%

Volume (24h): -

Resistance Levels
Resistance 3$1.5472
Resistance 2$1.4889
Resistance 1$1.4105
Price$1.4095
Support 1$1.3611
Support 2$1.2451
Support 3$1.1912
Pivot (PP):$1.4114
Trend:Sideways
RSI (14):60.8
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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