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The purchase of XRP whale can send the price to 4 dollars


Main point:

Xrp (XrpIt erupted from her long -term group on Friday and rose to $ 3.03 on Monday. XRP has since been restored some of its gains, indicating profit reservation at higher levels.

However, analysts are optimistic about XRP look. Veteran Petter Brandt said in a post on X that XRP has formed a “highly follow -up compound” pattern on the chart, which can Pay the price to $ 4.47.

The XRP whales seem to be an upward on the possibilities of an additional crowd. According to the Onchain Analytics Santiment platform, whale governor with more than a million XRP has risen to a The highest new level ever 2743 Friday.

What are the critical support and resistance levels that must be paid attention to? Let’s analyze the plans to find out.

XRP prediction price

XRP rejected the 3 -dollar public resistance, but withdrawal is expected to find support at $ 2.65.

XRP/USDT Daily Chart. Source: CointeleGRAPH/TradingView

If the price recovery is $ 2.65, it indicates that the bulls are trying to turn the level to support. This enhances the possibilities of a crowd over $ 3. If this happens, the XRP/USDT pair may rise to $ 3.40. Sellers are expected to defend the level of $ 3.40, but the gathering may extend to 4 dollars if the bull continues.

This optimistic view will be canceled in the short term if the price decreases and lower than the Si -moving average for 20 days ($ 2.49). This husband can keep between $ 2 and $ 3 for some time.

Related to: The XRP price can be seen “quickly” to the highest level ever if the price breaks $ 3

XRP/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

The pair receives support at 20-feature on the graph for 4 hours. Simple negative is that RSI has a negative difference, indicating poor momentum. If the price drops below 20-ema, the withdrawal may reach $ 2.65.

On the contrary, the solid bounce of 20-ema indicates the purchase of declines. The bulls will then try to pay the price over the resistance of $ 3. If it succeeds, the husband may jump to $ 3.40.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.