Is the XRP coin heading to 2.80 Dollar? 5 strong indicators support the rise
🔹 1) A technical model targeting 2.80 Dollar #XRP is currently moving within a Bull Pennant pattern, which is one of the strongest continuation patterns in upward trends. Breaking the level of 2.22 will pave the way directly to reach 2.80 Dollar. The RSI index rose from 23 to 55, reflecting a clear shift towards buying momentum. 🔹 2) A V-shaped recovery paves the way to 2.70 Dollar On the daily frame, it appears that #Ripple is building a V-Recovery pattern, but its success is linked to surpassing the supply zone: 2.30 – 2.63 Dollar If that happens, we might see the price reach 2.70 Dollar. The MACD indicator clearly supports the upward trend. 🔹 3) Decrease in supply on exchanges — a sign of strength In just two months, the supply of: 3.95 billion → 2.6 billion XRP ( a decrease of 45% ) This means: ✔️ Lack of desire to sell ✔️ Weak selling pressure ✔️ Stronger support for any upcoming rise 🔹 4) CVD data shows buyer dominance CVD index has returned to the positive zone: Buy orders outperform The demand is rising again. The possibility of continued rise if the CVD remains strong. 🔹 5) #XRP_ETFs funds inject continuous liquidity XRP funds in the United States experienced 9 consecutive days of positive inflows: Entering 2.81 million Dollar on Thursday Total inflows reached 643 million Dollar Managed assets exceed 767 Million Dollar The listing of #21Shares_XRP_ETF on Monday may give the market an additional boost. 📌 Summary All indicators — technical, graphical, and institutional — agree on: 🎯 The target #XRPUSDT is 2.80 Dollar 🎯 The movement may extend to 3.30–3.50 Dollar later. With caution necessary, as price surges may cause strong corrections. 🐋🚀 $XRP
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BasheerAlgundubi
· 1h ago
Is the XRP coin heading to 2.80 Dollar? 5 strong indicators support the rise
Is the XRP coin heading to 2.80 Dollar? 5 strong indicators support the rise
🔹 1) A technical model targeting 2.80 Dollar
#XRP is currently moving within a Bull Pennant pattern, which is one of the strongest continuation patterns in upward trends.
Breaking the level of 2.22 will pave the way directly to reach 2.80 Dollar.
The RSI index rose from 23 to 55, reflecting a clear shift towards buying momentum.
🔹 2) A V-shaped recovery paves the way to 2.70 Dollar
On the daily frame, it appears that #Ripple is building a V-Recovery pattern, but its success is linked to surpassing the supply zone:
2.30 – 2.63 Dollar
If that happens, we might see the price reach 2.70 Dollar.
The MACD indicator clearly supports the upward trend.
🔹 3) Decrease in supply on exchanges — a sign of strength
In just two months, the supply of:
3.95 billion → 2.6 billion XRP
( a decrease of 45% )
This means:
✔️ Lack of desire to sell
✔️ Weak selling pressure
✔️ Stronger support for any upcoming rise
🔹 4) CVD data shows buyer dominance
CVD index has returned to the positive zone:
Buy orders outperform
The demand is rising again.
The possibility of continued rise if the CVD remains strong.
🔹 5) #XRP_ETFs funds inject continuous liquidity
XRP funds in the United States experienced 9 consecutive days of positive inflows:
Entering 2.81 million Dollar on Thursday
Total inflows reached 643 million Dollar
Managed assets exceed 767 Million Dollar
The listing of #21Shares_XRP_ETF on Monday may give the market an additional boost.
📌 Summary
All indicators — technical, graphical, and institutional — agree on:
🎯 The target #XRPUSDT is 2.80 Dollar
🎯 The movement may extend to 3.30–3.50 Dollar later.
With caution necessary, as price surges may cause strong corrections. 🐋🚀
$XRP