⚡ XRP Breaks The Chains — Technicals Point Toward a Major Up
koinmilyoner
Updated at: 6 hours ago
{"content":"⚡ XRP Breaks The Chains — Technicals Point Toward a Major Upside
Liquidity and a bull flag indicated increased demand in the digital asset. Thus, the bulls have maintained control, which may indicate that XRP is set to rise.
XRP Price Indicators Suggest Rise
In the initial piece, the crypto expert noted a liquidity overhang that might boost XRP. The liquidation heat map shows billions in liquidations between $3.8-$4, establishing this liquidity overhang. This means the XRP price might soar to this level for whales to withdraw funds.
The daily chart Bullish Flag formation was very intriguing. Bullish flags are basic formations that generally presage price increases. XRP was reaching the conclusion of the bullish flag pattern as consolidation tightened and it tested the upper trendline.
Other positive elements were indicators turning green again. This included the MACD rising as momentum changed positive and the RSI and Stochastic RSI rising from oversold zones. This implies underlying strength to boost XRP.
Breaking Descending Trendline Starts Movement
The crypto researcher later revealed that XRP had breached the downward trendline it had been testing. The break of this falling trendline and volume confirmation are positive for the coin.
Bears must overcome $2.8-$2.95, which is strong XRP support. If bulls can maintain this level, the analyst expects XRP to reach the initial objective of $3.20-$3.25, a 10% rise.
Next, reach the $3.50 main objective. The analyst expects this aim to be met in 1-2 weeks, depending on the digital asset's momentum. Momentum signs are curving up, says Armando. Bulls rule as long as XRP remains over $2.80!”
#xrp #Xrp🔥🔥 #AITokensRally #AltcoinMarketRecovery #NasdaqTokenizedTradingProposal $XRP $BTC $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/09/fc717c10b4c342579570dec21f925826.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}