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Here’s why analysts say XRP price is ready for a ‘full-scale rally’ to $2
XRP
XRP/USDT
$1.4117
-0.72%
$1.4117
-0.72%
(24s)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
CS
Cointelegraph Staff(12:46 PM UTC)
1 min read
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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