Markets

Preparing for $ 3, as price volatility can explode

Sitting slightly below a significant descent resistance line with a limited XRP upside down from the beginning of 2025, the entry of assets to the charts is a technically complex phase. After weeks of consolidation, the price has fallen to $ 2.18, gradually fluctuation and trading volume gradually stops. Despite the seemingly insignificant appearance, this step often also gives the upcoming sharp pricing directionTo.

Currently, the XRP has stuck in just over $ 2.20 between the decreasing trend name resistance and 200 mothers support about $ 1,99. The momentum is neutral and if there are about 51 RSI, there are no quick directional displays. The property is scrolling and soon a volatility explosion, but the setup is obvious.

Picture of the article
XRP/USDT Chart with TradingView

The XRP can move fast to $ 2.50 and eventually $ 3.00 if it reaches more than $ 2.22 in the resistance zone with the result, especially when the sentiment to the altcoins improves or when Ripple developments occur.

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Breaking five 40% less than a week, when the XRP last formed such a structure at the end of 2023. It is not impossible for bulls to take control and run a similar run. If the volume stays low and the XRP is unable to support $ 2.00-1.99 in the area, it is very likely that it is $ 1.85 or even $ 1.70. There are already signs of indecision and all the weaknesses of the foreign market can make things worse.

In this case, the triangle that descends to continue the caracea would confirm. The constant lack of volume poses the greatest risk of the result, as it shows that no one hurts to buy and that the price is very much under pressure to move in each direction. If volatility increases much in volume, the XRP is likely to take the side and move quickly. As the diagram is currently a ticking time bomb, $ 3 is not excluded if the Bulls is in favor.

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