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XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst Newsbtc 15 11月 2024

XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst 📈

Crypto analyst Dark Defender has identified a potential "bull flag" pattern in the daily XRP chart, suggesting XRP prices might rise sharply. This pattern, characterized by a steep price rise followed by a narrow consolidation phase, could lead to a breakout upward.

XRP's current resistance level is $0.7496; if breached, the price could target $1.03. The analysis also considers the overbought Relative Strength Index (RSI), indicating either a momentum-driven breakout or possible short-term consolidation.

Fibonacci levels play a role, with $0.6649 surpassed, suggesting weaker resistance until $1.03. The analyst clarifies this is a personal expectation, not financial advice, emphasizing that these dynamics rely on key price movements and technical indicators.

XRP is trading at $0.7086 as of the last report.

出典: www.newsbtc.com ↗

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