XRP Ready to Rally 20% as $2.80–$2.95 Support Dey Hold
XRP dey face one critical support zone wey dey between $2.80 and $2.95. For the 4-hour chart, the RSI dey show bullish divergence as price dey record lower lows. The daily chart get one Dragonfly Doji, wey mean say strong buyer intervention dey happen anytime price dey drop. XRP dey form falling wedge pattern, the main breakout level na the wedge’s upper trendline near $3.07, wey also match the 0.236 Fibonacci level. If price fit close well pass this level, e fit trigger 20% rally reaching $3.60–$3.65 by late August. Traders suppose dey watch to see if XRP fit hold above $2.80–$2.95 to confirm say new bullish momentum dey ground. All traders suppose do their own research; trading get risk.
Bullish
XRP technical signals show say e dey point to bullish reversal. Di 4-hour RSI divergence and daily Dragonfly Doji dey show say selling pressure wan weaken and buyers dey support di current levels. Di falling wedge pattern plus di breakout threshold wey dey around $3.07, wey di 0.236 Fibonacci retracement also back up, dey suggest say e get high chance say price go rise 20% reach $3.60–$3.65 soon. E dey very important to hold di support zone wey dey $2.80–$2.95 to maintain di momentum. For short term, these indicators fit make buyers dey aggressive, and if breakout happen, e fit make profit continue reach late August. Market people dey usually see this kind technical pattern combination as strong reason to expect price go still go up, na why dem get bullish bias.