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Bitcoinist

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XRP Price Approaching Next Major Liquidity Zone, Main Levels To Watch Out For

  • XRP price is showing bullish signs of a potential surge after recovering from the break below the $2 support level.
  • Analysts point out the formation of a cup and handle pattern on larger timeframes, indicating a possible surge toward the $2.33 area as the next major resistance level.
  • If the resistance at $2.33 is broken with sufficient volume, the XRP price may target the next major level at $3.02.
  • Despite a bearish scenario where the $2 support fails, the current structure and momentum suggest a classic bullish retest setup for XRP.

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