XRP Price Don Break Channel, Surge Go $3.66, Eye $4 Zone
XRP price climb up 34% reach about $2.95 after e break long-term descending channel for 12-day chart, e mean say trend fit change. The momentum of XRP price still dey strong as the token cross key resistance dem at $3.00, $3.22 and $3.35, den hit $3.66 for Kraken hourly chart. E still dey above 100-hour SMA and correct bullish trend line near $3.45. Technical indicators show say the bullish momentum strong well well: the hourly MACD line don cross pass the signal line and RSI dey above 50. Immediate support levels na $3.45, $3.35 and $3.22, but resistance for $3.62 and $3.66 gats clear to push go $3.75, $3.80 and finally zone of $4.00. Traders suppose dey watch volume trends, RSI and MACD signals to sabi if e go continue or e fit pull back.
Bullish
Di breakout wey happen ova one long time dey go down channel an di climb pass plenti resistance levels show say XRP price get strong bullish momentum. For short term, di technical indicators—MACD crossover and RSI wey pass 50—suggest say di uptrend go continue, dey offer possible entry points if e pull back reach support levels at $3.45, $3.35 and $3.22. For long term, if e dey trade steady pass di 100-hour SMA and main trend lines fit make more people wan buy, push XRP go higher targets like $3.75, $3.80 and di psychological $4.00 sign. Traders go likely see dis kind development as confirmation of trend reversal, make positive feeling strong and market steady for XRP market.