Technical Charts Hint at $3 XRP Rally This Month
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Multiple technical, onchain and derivatives market indicators suggest a potential XRP price rally toward the $3 milestone in the coming days.
XRP onchain data and chart setups converge on the $3 target.
Spot taker CVD has flipped positive, suggesting confidence among buyers.
XRP/BTC hints at a potential 70% rally.
XRP is flashing multiple technical and onchain signals, suggesting that a rally to $3 is possible this month. Here are several charts making the case for a near-term breakout.
XRP falling wedge pattern targets $3.20
The weekly chart shows XRP price trading with a falling wedge pattern, with the price facing resistance from the pattern’s upper trendline at $2.43.
A weekly close above this area will clear that path for XRP’s rise toward the wedge’s target at $3.20, representing a 45% increase from the current price.
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