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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

$1.4175
+0.29%
24h Volume

$1,155,942,656.34

24h H/L

$1.4327 / $1.398

Change: $0.0347 (2.48%)

Long/Short
73.7%
Long: 73.7%Short: 26.3%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4097

-0.18%

Volume (24h): -

Resistance Levels
Resistance 3$1.5472
Resistance 2$1.4889
Resistance 1$1.4106
Price$1.4097
Support 1$1.3872
Support 2$1.3098
Support 3$1.1912
Pivot (PP):$1.4114
Trend:Sideways
RSI (14):60.8
CS
Cointelegraph Staff
(02:46 PM UTC)
1 min read
JM
Verified byJames Mitchell

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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Source

Cointelegraph Staff · Cointelegraph

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