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via Cointelegraph · By Cointelegraph Staff

XRP May Soar to $12 as Price Holds Cycle Bottom Zone for Months

XRP

XRP/USDT

$1.1063
+0.59%
24h Volume

$380,316,808.58

24h H/L

$1.1167 / $1.0955

Change: $0.0212 (1.94%)

Long/Short
76.0%
Long: 76.0%Short: 23.9%
Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1097

-0.31%

Volume (24h): -

Resistance Levels
Resistance 3$1.2151
Resistance 2$1.1646
Resistance 1$1.1151
Price$1.1097
Support 1$1.0975
Support 2$1.079
Support 3$1.0092
Pivot (PP):$1.1084
Trend:Downtrend
RSI (14):49.6
CS
Cointelegraph Staff
(02:46 PM UTC)
1 min read
JM
Verified byJames Mitchell
1148 views
0 comments

XRP (XRP) is testing a key long-term support level that has historically preceded major rebounds, according to a monthly chart shared by analyst MikybullCrypto.

Key takeaways:

  • XRP has jumped by roughly 30% from its February lows.
  • Multiple fractals suggest the price is bottoming out, supported by strong XRP ETF inflows.

XRP chart hints at rebound toward $12

Milkybull's chart shows XRP trading inside a…

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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