Jun 9, 2025
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XRP Price Holds Above $2 as Analysts Predict Rally to $3.8
The price of XRP is maintaining stability above $2, with technical indicators suggesting a bullish trend. A Falling Channel pattern indicates a potential breakout, with targets reaching up to $3.8.
XRP Price Holds Steady As Bulls Target $3.8
- XRP showing strong bullish signals after breaking out from a long-term Falling Channel.
- Price previously dropped but has held above the $2 level, positioning for new highs.
- Recent price action has invalidated previous downtrend structures.
- XRP is consolidating above $2, indicating control by bulls.
Targets based on technical analysis are set at $2.9520, $3.3967, and $3.8767, with the highest target exceeding XRP's all-time high by 73.54%. These projections align with historical resistance levels.
Analyst Says Buy The Dip, With Ideal Entry At $1.85
- The analyst recommends buying XRP during dips to maximize gains.
- A support level identified at $1.85 serves as an ideal entry point if prices drop.
- Current trading price at $2.23 means a potential 17.04% drop to the support level.
