CandleFocus XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst
2024-11-15
Author: Content Editor
According to crypto analyst Dark Defender, the XRP/USDT chart is showing a potential bull flag pattern, indicating a possible sharp rise in the price of XRP. The analysis suggests that the price is consolidating after breaking above a multi-year resistance level, and an overbought RSI indicates strong underlying momentum. The analyst highlights a price target of $1.03, with immediate resistance at $0.7496. Fibonacci levels are also considered in the analysis, with $0.6649 as a key level that has been surpassed. If the consolidation phase is complete, a breakout to the upside could follow. XRP is currently trading at $0.7086.
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