- XRP holds steady above the critical $2.47 support.
- A 60% rally could push XRP towards the $4.80 resistance.
- Market sentiment remains bullish amid strong technicals.
XRP is making headlines again as it confidently trades above the $2.47 level, a significant resistance turned support. This price point has proven to be a solid base, keeping the bullish narrative intact. Holding above this level signals strength and keeps the door open for higher targets.
Analysts are now pointing to $4.80 as the next XRP price target, representing a potential gain of over 60% from current levels. Historically, when XRP has consolidated above major breakouts, sharp upward movements tend to follow.
Next Target: $4.80 in Sight
The $4.80 target is not just a number pulled from thin air. It’s based on Fibonacci extensions, previous cycle highs, and volume trends that show buyers are still in control. The momentum is building, with market indicators like RSI and MACD also hinting at a possible continuation of the uptrend.
If XRP can maintain its footing above $2.47, and the broader crypto market remains favorable, a run toward $4.80 could unfold sooner than many expect. Traders are closely watching for a breakout with volume confirmation.
Bullish Sentiment Grows
Sentiment around XRP continues to improve as its technical outlook strengthens. Social media buzz, increasing wallet activity, and growing interest from retail and institutional investors are adding to the optimism.
While the crypto market can be unpredictable, XRP’s price action above $2.47 is giving bulls plenty of reason to stay in the game. As always, traders should stay cautious and manage risk, but the road to $4.80 looks increasingly viable.
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