XRP Price Projected to Reverse Toward $3.5 with Long-Term Target of $4
XRP is showing signs of a bullish reversal, with predictions of a price increase towards $3.5 and potentially higher. Key points include:
- Analyst ‘Setupsfx’ forecasts XRP will break out from recent volatility.
- Price expected to reach $3.5 post-consolidation.
- Long-term target set at $4.0 or higher, suggesting nearly 100% growth from the current price of $2.09.
- Technical analysis indicates strong support from liquidity zones and an ongoing accumulation phase.
- Ideal entry point for traders is marked at $1.8, with a stop loss around $1.2.
The market sentiment could lead to significant upward movement if conditions improve. The analysis maintains a neutral stance on the trend's certainty.
