XRP Technical Patterns Suggest Possible Rally Toward $3.75–$4 Amid Growing XRPL Adoption
The post XRP Technical Patterns Suggest Possible Rally Toward $3.75–$4 Amid Growing XRPL Adoption appeared on BitcoinEthereumNews.com. XRP’s bullish technical setup targets a 20% rally to $3.75–$4.00 amid XRPL growth and stablecoin activity. Stay updated with COINOTAG’s expert analysis. How Does XRP’s Falling Wedge Pattern Indicate a 20% Rally in August? XRP’s price action is currently forming a falling wedge pattern similar to the one seen between December and January 2025. During that period, XRP held above its 50-day exponential moving average (EMA) and broke out to fuel a 70% rally from about $2 to over $3.39. The current consolidation shows XRP bouncing off the 50-day EMA and reclaiming the 20-day EMA as support, signaling a potential breakout toward $3.75 in August. ‘, ‘
The post XRP Technical Patterns Suggest Possible Rally Toward $3.75–$4 Amid Growing XRPL Adoption appeared on BitcoinEthereumNews.com.
XRP’s bullish technical setup targets a 20% rally to $3.75–$4.00 amid XRPL growth and stablecoin activity. Stay updated with COINOTAG’s expert analysis. How Does XRP’s Falling Wedge Pattern Indicate a 20% Rally in August? XRP’s price action is currently forming a falling wedge pattern similar to the one seen between December and January 2025. During that period, XRP held above its 50-day exponential moving average (EMA) and broke out to fuel a 70% rally from about $2 to over $3.39. The current consolidation shows XRP bouncing off the 50-day EMA and reclaiming the 20-day EMA as support, signaling a potential breakout toward $3.75 in August. ‘, ‘
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