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HomeCryptocurrencyOnce XRP Breaks This Resistance, Here's the Next Target

Once XRP Breaks This Resistance, Here’s the Next Target

XRP continues to trade with strength as traders watch a new technical setup form on the 4-hour chart. Tara (@PrecisionTrade3), a market analyst and investor who has traded since 2015, shared a detailed look at the current structure.

Her review highlights a developing bullish pattern. She expects the market to react at several clear price levels before the next major move. The chart she shared shows a sequence that aims for a higher wave target if buyers hold control.

Tara noted that the RSI has not reached its top. This signals that buyers may continue to push price action in the near term. She also pointed to the next area of short-term resistance near $2.18. She expects the price to react there first. She pairs this level with her view on Bitcoin. She believes this resistance could appear when BTC reaches $94.2k.

Short-term Levels Show a Clear Structure

Tara expects XRP to hit resistance at $2.18, then pull back slightly. She thinks the market will test the same level again, which would help convert that area into support. Traders often look for this kind of retest to confirm buyer strength. If buyers hold the level after a pullback, she believes the market can push toward the next target at $2.3.

Her chart highlights the importance of these zones. XRP traded inside a tight range earlier in the month, but has now broken out of that pattern. Tara’s review shows Fibonacci levels around $2.18, $2.3, and $2.45. These levels match areas where traders placed initial orders.

The digital asset has reacted to these zones several times, which strengthens their relevance. Tara’s view suggests that markets move in steps. Each zone must flip from resistance to support before the next advance.

A Move Toward the Wave 3 Target

Tara expects a stronger move if XRP breaks $2.18 and $2.3. She said that once price clears those levels, it can advance toward her $2.73 wave 3 target. Her projection matches the 1.618 Fibonacci extension on the chart. XRP is trading at $2.07, and the key test now sits at $2.18.

She also noted that the RSI has room for more upside because it has not reached its upper range. That supports the idea of steady momentum as the trend develops. Traders will watch for a retest that turns this level into support. If buyers hold it, Tara’s roadmap points to a move through $2.30 and a push toward $2.73.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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