XRP Bulls Aim to Break Resistance Levels and Reach $3.85
XRP is recovering from a significant drop to $3.7, with bulls aiming to break resistance levels. A crypto analyst forecasts that if XRP surpasses these levels, it could rise to $3.85 and potentially reach $6.5.
XRP Price Target Overview
- XRP's all-time high (ATH) was $3.84 in 2018.
- Analyst 'Mindbloome-Trading' predicts a surge to $3.85 by 2025.
- Key resistance and support levels are highlighted for potential price movement.
- The asset must break the $2.7 resistance to target $3.15.
- Critical resistance points include $3.0, $3.11, and $3.14.
- Higher market capitalization may support a rise to $6.55.
Market Dip Considerations
- Analyst warns of a bearish scenario if key resistance levels are not surpassed.
- Failure to break $3.13 or $3.15 may lead to a sharp correction.
- XRP could drop to $3.00 or lower, targeting $2.85.
- XRP currently trades at $3.1, reflecting an 11.22% increase over 24 hours.
