XRP Price Prediction: V-Shaped Rebound Sends XRP Toward Breakout – Something Big is About to Happen

Recent analysis of XRP’s price movement suggests the cryptocurrency is on track to reclaim the $3 mark. Key resistance levels have been identified between $3.17 and $3.36. Should the current momentum persist, traders may see XRP targeting higher ranges near $3.60 to $4.00.

Market participants are closely monitoring several factors influencing XRP’s trajectory. One significant development is the CME’s plan to introduce 24/7 crypto trading, which could add liquidity and impact price dynamics. Additionally, upcoming ETF deadlines are contributing to heightened market anticipation.

Support has been noted around the $2.94 level, providing a foundational base for potential upward movement. Meanwhile, the Relative Strength Index (RSI) is approaching overbought territory, indicating strong buying interest but also suggesting caution among investors.

Overall, the combination of a robust V-shaped rebound and critical market events points toward a possible breakout for XRP in the near term. Traders and investors should stay alert as something significant appears to be unfolding.

*The above analysis originally appeared on Cryptonews.*
https://cryptonews.com/news/xrp-price-prediction-v-shaped-rebound-sends-xrp-toward-breakout-something-big-is-about-to-happen/