📈 XRP is showing signs of a major breakout as it trades at $2.18, with a 1.3% daily recovery. The token is testing the upper boundary of a descending channel after a 20% bounce from $1.79 support.
🔍 A breakout above $2.35 could spark a rally toward $3.18, with the ultimate Fibonacci target near $4.00—especially if the XRP ETF hype continues to grow.
📊 RSI is stabilizing near 50, and long positions dominate at 51.44%, showing bullish sentiment. Derivatives traders anticipate an upside move.
📢 The XRP ETF approval odds have hit 79% on Polymarket, boosting optimism. Meanwhile, April saw a slight rise in XRP ledger volume—16.17B vs 16.05B in March—hinting at renewed adoption.
💥 A confirmed breakout could send XRP soaring to new highs, but key support at $2.00 must hold.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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