XRP Price Chart Signals Major Breakout: Top 5 Reasons To Watch

XRP Price Chart Signals Major Breakout: Top 5 Reasons To Watch
XRP is one of the top performers within the top 100 cryptocurrencies by market capitalization in the past 24 hours. With a price increase of 7%, the XRP price is showing significant bullish momentum, which could continue to expand according to various crypto analysts. Dark Defender (@DefendDark) released a new technical analysis of the XRP/USD pair today that shows a strong bullish trend. According to his latest post on X, “XRP touched the fibonacci zone of 61.80% at $0.6044 & trying to break here. Heikin Ashi candles are bullish & Green. RSI has golden cross & Green. Ichimoku Clouds are Green. Shortly we expect to touch $0.6649 then $0.9327!” This statement is loaded with technical insights and predictions. #1 XRP About To Break Key Fibonacci Levels Starting with the Fibonacci retracement levels, a popular tool among traders for identifying potential reversal levels, the price of XRP touching and attempting to breach the 61.80% retracement level at $0.6044 is significant. This level often acts as a major resistance or support level, depending on the direction of the approach. Related Reading: Monday’s Crypto Leaderboard: BNB And XR ..

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