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Five XRP charts suggest a short-term price rally to $2.80 is next

From cointelegraph.com

XRP has rebounded nearly 21% from its sub-$2 lows reached on Nov. 21, as multiple technical and onchain signals put the $2.80 target within reach. The four-hour chart shows XRP price trading with a bull pennant, hinting at a strong upward move once the pattern is confirmed. “$XRP is looking really solid here,” said analyst Crypto Batman in an X post on Friday, adding: “Not only has it reclaimed its previous support, but it’s also breaking out of a classic bullish pennant, a strong continuation pattern.” A four-hour candlestick close above the pennant’s upper trendline at $2.22 will clear that path for XRP’s rise ... (full story)

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  • Category: Technical Analysis