XRP, the sixth-largest cryptocurrency, is at a critical inflection point. After a 4.27% dip in the past 24 hours, traders and investors are closely watching its next move.
Technical Outlook: Symmetric Triangle Signals a Big Move
On the 4-hour (4H) chart, XRP is consolidating within a symmetric triangle, a classic pattern that precedes high volatility and a decisive price swing.
The support trend line remains at a crucial level. If XRP successfully retests this zone, a bullish breakout could propel it toward $2.48 and beyond. However, if support fails, the price could plummet to $2.23 or even $2.00, triggering a deeper correction.
3-Day Price Prediction: Key Levels to Watch
- Day 1 (27th of March, 2025): A mild correction could see XRP dip to $2.32, testing support.
- Day 2 (28th of March, 2025: If buyers defend this level, a rebound toward $2.42 is likely, signaling renewed strength.
- Day 3 (29th March, 2025): A successful breakout could send XRP soaring to $2.55, solidifying a bullish trend.
Critical Support & Resistance Levels
Support Zones:
- $2.32 – Immediate support, is crucial for maintaining short-term stability.
- $2.23 – Primary support level; a break below could lead to further downside.
- $2.00 – Key psychological level, marking a deeper bearish scenario.
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Resistance Zones:
- $2.42 – First breakout hurdle; clearing this strengthens bullish momentum.
- $2.48 – Major breakout trigger, confirming an uptrend.
- $2.55 – Key bullish target; surpassing this could lead to a sustained rally.
XRP’s Defining Moment: What Comes Next?
XRP is standing at a make-or-break moment. A strong defense of support could ignite a rally, leading to a breakout past resistance levels. However, if sellers take control, XRP risks a deeper decline.
With volatility intensifying, traders should stay alert—XRP’s next move could shape its trajectory for weeks to come. The stage is set—brace for impact.
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 urged to do in-depth 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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