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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
$1.00
-0.20%
$1.00
-0.20%
(24s)24h Volume
$423,218,582.07
24h H/L
$1.0037 / $0.9882
Change: $0.0155 (1.57%)
Long/Short
78.5%
Long: 78.5%Short: 21.5%
Funding Rate
-0.0054%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:46 PM UTC)
1 min read
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…
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