Market analysts believe that XRP is preparing for a major price surge. They highlight several reasons for this belief, including XRP's ability to hold above a key support level, its consolidation above the Fibonacci 0.888 level, and its position within a macro consolidation zone. The analysts predict that XRP's next breakout could target levels between $8.50 and $13, with a possible surge beyond $27 based on Fibonacci extensions. They also address concerns about XRP's market cap and argue that traditional calculations do not fully account for utility-driven assets like XRP. Another analyst notes that XRP is trading above important levels and discusses the potential obstacles, including strong sell walls between $3.00 and $3.50. The analyst suggests that breaking through this range will require significant bullish momentum. The current trading range for XRP is between $2.20 and the upper boundary formed by key VWAPs. At the time of writing, XRP is priced at $2.51, with a 2.81% increase in the past 24 hours.



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