Market analyst King Solomon has identified the $1.08 price level as crucial for XRP's next bullish run, stating that the altcoin would "absolutely rocket" if it successfully maintains this level and secures a monthly close above it. XRP has been consolidating since its rally from $0.55 to $1.26, with a trading range between $1.006 and $1.19. Solomon's target level is $1.35, and if XRP rallies to and holds above the Fibonacci 1.618 level at $1.3457 before the end of November, it could potentially reach topside targets of $1.87 and $2.4. A short-term bull flag pattern has also formed on the daily chart, with resistance at the upper Bollinger Band at $1.13. The RSI indicates a strong bullish momentum but also suggests that XRP is overbought and may experience a pullback. The $1.0373 level needs to be defended by the bulls in case of a pullback.



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