These 5 XRP charts hint at a price rally toward $3 in June
XRP is signaling a potential rally to $3 this month based on various technical and on-chain indicators. The weekly chart indicates an ascending wedge pattern, with resistance at $2.43 and a target of $3.20 if price closes above this level. Additionally, a daily ascending triangle suggests that a close above $2.60 could lead to a target of $3.50. Despite a recent market dip, a positive cumulative volume delta shows that buy orders are outpacing sell orders, indicating buyer confidence. Furthermore, a bullish divergence is noted between XRP/BTC and its RSI, revealing potential weakness in the current downtrend. XRP has maintained above the $2 psychological level, showing resilience since April. Positive short-term trends combined with significant bullish setups hint at an optimistic outlook for XRP prices in the nearing weeks.
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