2024

Resistance

Captain

Coin

<ul class="news-points"> 
 <li><strong>XRP’s $0.30-$0.32 support zone, bolstered by trendlines, indicates strong resilience against downward pressure.</strong></li> 
 <li><strong>Resistance at $0.65-$0.70 forms a crucial barrier, supported by a descending trendline, critical for potential breakouts.</strong></li> 
 <li><strong>Symmetrical triangle pattern on XRP suggests imminent price consolidation with potential for a significant bullish breakout towards $2.</strong></li> 
</ul> 
<p>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 $2, indicating a potential for substantial gains in the coming months. The key support and <a href="https://coinedition.com/xrp-struggles-despite-ripples-legal-win-over-sec/?utm_source=telegram_channel&amp;utm_medium=referral">resistance levels</a> provide crucial insights into this anticipated price movement.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$XRP</a> Seems like bottomed out &amp; almost Ready to Bounce Back <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Midterm Target : $2 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f51c.png" alt="🔜" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> <a href="https://twitter.com/hashtag/XRPUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRPUSDT</a> <a href="https://t.co/zMLICiKbV4" target="_blank" rel="nofollow">pic.twitter.com/zMLICiKbV4</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1806166667224912144?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 27, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>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…</p>
<p>The post <a href="https://coinedition.com/xrp-price-outlook-analyst-sees-2-target-after-breakout/">XRP Price Outlook: Analyst Sees $2 Target After Breakout</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

XRP Price Outlook: Analyst Sees $2 Target After Breakout

Coin Edition

Other articles published on Jun 27, 2024

MiCA Regulation: 80% Of Crypto Companies Are Unaware Of This Crucial Deadline!

Turkey’s parliament passes crypto bill with prison terms and fines up to $182k

Wepublic Fee Exemption Extended

Machi Big Brother Invests Heavily in BLAST Ecosystem

MoonBag Tops Chart For the Top Crypto Presale in 2024, Sealana & Kangamoon Falter

Should You Ditch Tron and Arbitrum? Qubetics Whitelist Might Make You Rethink!

Join our free newsletter for daily crypto updates!