XRP Price Dey Aim $11 After E Break Weekly Bullish Triangle
XRP price don break out from one long-term bullish triangle for the weekly chart, meaning say e get fresh momentum to head towards $11. For July, the breakout raise XRP to high of $3.38, then e still dey consolidate near $3.22. Key resistance dey for $3.40 (1.0 Fibonacci extension): if dem fit break am well well with strong volume above $3.40, e fit open road go $5.75, and the 1.618 extension for $11.20 na the final target. For downside, the $2.25 zone—wey be former resistance and 0.786 retracement—now na critical support. If e remain steady pass $2.25, e confirm say bullish talk dey valid, but if e fall below, e fit push XRP price down to $1.63 or $1.29. Crypto traders suppose dey watch strong volume when $3.40 break and use $2.25 as stop-loss. Overall, the weekly bullish triangle breakout plus Fibonacci levels dey guide the next moves for XRP price.
Bullish
Di price XRP don break from long-term bullish triangle for weekly chart dey show say momentum go up. Dis kain pattern normally go lead to sustained rally go Fibonacci targets wey be $5.75 (1.0) and $11.20 (1.618). Short-term, di breakout wey dey pass di $3.40 resistance with rising volume fit make people buy more, position di price of XRP for di first extension level. Long-term, if di $2.25 support hold, e go confirm di bullish idea and make confidence high for more gains. Traders dey see these kind technical breakouts as correct signals, so overall market outlook dey bullish for di price of XRP.