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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

$1.0331

-3.31%

$1.0331

-3.31%

(24s)

24h Volume

$1,143,228,099.67

24h H/L

$1.0899 / $1.0122

Change: $0.0777 (7.68%)

Long/Short

74.6%

Long: 74.6%Short: 25.4%

Funding Rate

-0.0115%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.0338

▼ -3.71%

Volume (24h): -

Resistance Levels

Resistance 3$1.1139

Resistance 2$1.0784

Resistance 1$1.0453

Price$1.0338

Support 1$1.0122

Support 2$0.9676

Support 3$0.8660

Pivot (PP):$1.0453

Trend:Downtrend

RSI (14):30.1

Cointelegraph Staff

(12:46 PM UTC)

1 min read

Reviewed bySarah Chen

1380 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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