XRP Poised for $3 Surge, Charts Indicate Rally Ahead
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Multiple technical indicators suggest a potential XRP price rally toward $3 in the coming days as the balance on exchanges hits five-year lows.
Bull flag breakout and inverse head-and-shoulders pattern target $3 XRP price.
A sharp decline in XRP exchange and record outflows signal strong accumulation.
90-day spot CVD turns positive as taker buy volume dominates, indicating sustained demand for a rally.
XRP is flashing multiple technical and onchain signals suggesting that a rally to $3 is possible over the next few weeks. Here are four charts making the case for a near-term breakout.
XRP price bull flag pattern targets $2.97
The four-hour chart shows XRP validating a bull flag pattern, after the price broke above the resistance from the flag’s upper boundary at $2.63 on Wednesday.
A four-hour close above this area would clear that path for XRP’s rise toward the measured target at $2.92, representing a 12% increase from the current price.
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