XRP don recover pass $3 come spark beta rally go $3.4 ATH
XRP recovery pass $3 happen because Fed Chair Powell talk say e fit reduce interest rates, wey make market rally all over. Bitcoin and Ethereum sef rally, BTC rise 4.2% reach $116,300 and ETH climb 14.9% to $4,833. On-chain data show say exchange net outflows na like the accumulation levels wey happen for February, e show say holders get strong confidence for XRP. Technically, XRP don pass resistance at $2.98, break pass 20- and 50-period moving averages, plus Chaikin Money Flow don surpass +0.05, wey mean say capital dey flow well. If $2.95 demand zone hold, the recovery momentum fit push XRP price go for $3.4 resistance plus new all-time high. Traders suppose dey watch make the accumulation continue and dey look macroeconomic signals to confirm say this bullish move go last.
Bullish
Fed Chair Powell talk wey soft about possible rate cuts make market wide rise, carry XRP pass im important $3 level together with BTC and ETH rallies. History show say similar exchange net outflows and accumulation phases come before XRP February rally, show say holders get strong belief. Di recent break pass key levels—$2.98 resistance, 20 and 50-period moving averages—and CMF read wey pass +0.05 confirm say momentum na bullish. For short term, to hold di $2.95 demand zone fit keep buying pressure, push price go $3.4. For long term, continued on-chain accumulation and good macroeconomic indicators fit support new all-time high. So, dis news sure make traders wey dey find upward momentum for XRP and crypto market generally happy.