🔥 Key Takeaways
XRP Price Prediction: A Potential Breakout to $3.00?
The recent tariff tension under Trump has sparked a significant shift in the XRP price prediction. With nearly $900M in liquidations, XRP has retested the $1.97 support level, which is near the crucial $2.00 mark. According to analysts, this setup points to a potential breakout to $3.00.
One of the key indicators supporting this prediction is the 4-hour setup, which suggests that XRP is poised for a significant upward move. Additionally, XRP has broken above the two-week Ichimoku Cloud against ETH for the first time since 2021, which is a bullish sign.
Retesting the $1.97 Support Level
XRP’s retest of the $1.97 support level near $2.00 is a critical development in its price prediction. This level has been a significant resistance point in the past, and a successful retest could pave the way for a breakout to higher levels. Analysts are predicting a potential move towards $2.18-$2.25 and ultimately, $3.00.
Ichimoku Cloud Breakout Against ETH
XRP’s breakout above the two-week Ichimoku Cloud against ETH is a significant development. This is the first time XRP has achieved this feat since 2021, and it suggests that XRP is gaining strength against one of the largest cryptocurrencies in the market.
As the XRP price prediction continues to evolve, it’s essential to keep a close eye on these developments. With a potential breakout to $3.00 on the horizon, XRP investors and traders should be prepared for a significant increase in volatility.
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