XRP/USDT Weekly Analysis
Technical Overview:
• XRP recently broke out of a long-term descending trendline with strong bullish momentum.
• Key support zone now rests around $2.09 – previous resistance turned support.
• Price is currently consolidating around $3.18 after a strong impulse move.
Targets:
• First target:
$4.00 expected around November 2025
• Second target:
$4.80 expected around March 2026
These targets align with Fibonacci arc projections and historical resistance levels.
Trend Strength:
• Breakout backed by strong volume suggests momentum is sustainable.
• If price holds above $2.94, bullish continuation is likely.
️ Risk Levels:
• Losing support at $2.09 could invalidate the bullish setup and push price back to the lower range.