Currently, the chart pattern of XR P is often seen as a momentum indicator, indicating strong momentum for further gains. A breakout above $2.50 could trigger a rise, with analysts expecting a potential increase of $1.20, which is equivalent to the length of the first pattern bar. If the resistance at $2.50 is broken and buyers continue to exert upward pressure, then the expected target of $3.50 is achievable. In addition, the support level at $2.30 shows strong support. XRP
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#XRP Knowledge of rise points to sustainability
Currently, the chart pattern of XR P is often seen as a momentum indicator, indicating strong momentum for further gains. A breakout above $2.50 could trigger a rise, with analysts expecting a potential increase of $1.20, which is equivalent to the length of the first pattern bar.
If the resistance at $2.50 is broken and buyers continue to exert upward pressure, then the expected target of $3.50 is achievable. In addition, the support level at $2.30 shows strong support.
XRP