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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

$1.0323

-4.10%

$1.0323

-4.10%

(24s)

24h Volume

$1,150,673,513.32

24h H/L

$1.0899 / $1.0122

Change: $0.0777 (7.68%)

Long/Short

74.1%

Long: 74.1%Short: 25.9%

Funding Rate

-0.0076%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.036

▼ -0.73%

Volume (24h): -

Resistance Levels

Resistance 3$1.139

Resistance 2$1.0735

Resistance 1$1.0433

Price$1.036

Support 1$1.0122

Support 2$0.8660

Support 3$0.7897

Pivot (PP):$1.0393

Trend:Downtrend

RSI (14):30.2

Cointelegraph Staff

(02:46 PM UTC)

1 min read

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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