XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst 🚀
XRP experienced a significant price jump to $2.44, prompting analysts to predict a potential rally beyond the $3.4 barrier. A "golden cross" on the weekly RSI has sparked optimism, as it previously preceded a major price rise.
Based on on-chain data, XRP currently trades at $2.445, with traders eyeing a target of $3.33 in the short term. Breaking this level could lead to gains as high as $5.85.
The overall bullish sentiment in the market, driven by Bitcoin's record surge, and potential ETF approvals, could further fuel XRP's momentum. Whales are accumulating XRP, suggesting strong market confidence.
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