📉 XRP dipped to $3.45 today, down from its 24h high of $3.53, as traders took profits over the weekend. Still, the bullish structure remains intact, and analysts suggest a 480% rally to $17 may be on the horizon.
📈 The breakout from a bull flag pattern signals strong momentum. Based on the flagpole height, XRP could surge toward $17 — as long as retail buyers sustain pressure and avoid exhaustion.
📊 The ADX indicator, now turning north after months of decline, supports this bullish move. Meanwhile, RSI at 69 reflects strong buying pressure, pointing to continued upside.
🧠Fueling optimism is the GENIUS Act — a potential regulatory shift in the U.S. that could boost XRP’s appeal and accelerate gains in the coming months.
📡 On-chain signals are flashing bullish too. Daily active addresses jumped from 58K to 88K in just 48 hours, showing rising investor interest. Open Interest has also surged past $10B, with funding rates climbing — clear signs of increased speculative activity.
🔥 Bottom line: Despite the pullback, XRP’s rally could just be getting started. A confirmed breakout and rising demand might pave the way to $17.
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