Ripple (XRP) bounced back sharply from the lows of under $1 on some exchanges to $2.60 after plummeting due to Trump’s 100% China tariff, which wiped out $19 billion in crypto 0 buying momentum has since restored 1 suggest that XRP’s technical outlook is positive, and weekly closes above $2.80 may open paths toward new 2 Resistance Levels XRP has staged a sharp recovery of about 160% from Saturday’s low near $1, after the largest crypto liquidations on record erased almost $20 billion in leveraged 3 broader market has stabilized, too, as seen with the surge of total capitalization back above $4 trillion after US-China trade tensions 4 XRP, this rebound was also possible due to recovering institutional 5 a statement to CryptoPotato , B2BINPAY analysts explained that exchange-traded crypto products (ETPs) saw nearly $6 billion in inflows earlier this month, including over $200 million into XRP-linked 6 is a strong sign that professional investors are adding exposure following Ripple’s legal settlement with the US Securities and Exchange Commission (SEC) in 7 a technical perspective, B2BINPAY found that XRP’s immediate resistance is near $2.80-$3.00.
As such, the analysts predicted that a weekly close above this range could target $3.40-$3.70. On the flipside, however, any slowdown might lead to consolidation between $2.50-$2.70 as leveraged positions 8 macro factors, such as a softer dollar or easing trade tensions, could support further gains, though new shocks could obstruct positive momentum. “Still, the fact that XRP rebounded so quickly after a systemic flash crash means that its fundamental demand and investor base remain strong.” Zooming Out Short-term technical momentum now complements long-term bullish 9 to ChartNerd, XRP appears poised for higher levels after breaking out of a multi-year triangle pattern that began forming in 2018, with a clear breakout occurring in late 10 then, the crypto asset has tracked a curved support path and has held at critical price 11 Fibonacci extensions (1.414 and 1.618), the analyst projects bold targets of $14 and $28.
Additionally, a flag formation in 2024-2025 points to a brief consolidation before the next leg 12 XRP surpasses this flag, it could reach these higher targets between 2026 and 2028.
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