• XRP’s $0.30-$0.32 support zone, bolstered by trendlines, indicates strong resilience against downward pressure.
• Resistance at $0.65-$0.70 forms a crucial barrier, supported by a descending trendline, critical for potential breakouts.
• Symmetrical triangle pattern on XRP suggests imminent price consolidation with potential for a significant bullish breakout towards $2.

XRP appears to have found a bottom and may be poised for a significant rebound. Analyst Captain Faibik notes that the midterm target for XRP stands at $2, indicating a potential for substantial gains in the coming months. The key support and resistance levels provide crucial insights into this anticipated price movement.

The horizontal support for XRP lies between $0.30 and $0.32. Historically, this range has served as a strong support multiple times, forming a critical foundation for the price. Additionally, an ascending trendline support, which has connected higher lows from late 2019 to the current period, converges w…

The post XRP Price Outlook: Analyst Sees $2 Target After Breakout appeared first on Coin Edition.

• XRP’s $0.30-$0.32 support zone, bolstered by trendlines, indicates strong resilience against downward pressure.
• Resistance at $0.65-$0.70 forms a crucial barrier, supported by a descending trendline, critical for potential breakouts.
• Symmetrical triangle pattern on XRP suggests imminent price consolidation with potential for a significant bullish breakout towards $2.

XRP appears to have found a bottom and may be poised for a significant rebound. Analyst Captain Faibik notes that the midterm target for XRP stands at $2, indicating a potential for substantial gains in the coming months. The key support and resistance levels provide crucial insights into this anticipated price movement.

The horizontal support for XRP lies between $0.30 and $0.32. Historically, this range has served as a strong support multiple times, forming a critical foundation for the price. Additionally, an ascending trendline support, which has connected higher lows from late 2019 to the current period, converges w…

The post XRP Price Outlook: Analyst Sees $2 Target After Breakout appeared first on Coin Edition.