XRP, ranking third among cryptocurrencies, exhibited significant price movement, overcoming key resistance levels and setting new targets for the future.
XRP Price Dynamics on Charts
On January 11, XRP reached $2.60, dipped to $2.33, and then rose again to $2.45 within the day, highlighting a bullish trend on the chart.
Analysts' Prognoses for XRP’s Future
According to trader CRYPTOWZRD, XRP is ready to rally to $4.00, and then to $8.00. Analyst Titan of Crypto also set a price target of $4.32 for XRP, noting a change in the daily price action.
Technical Analysis and Indicators
On January 11, XRP breached its resistance at $2.50, resulting in a breakout from the 'triangle' pattern. The altcoin needs a daily close above $2.60 to confirm the bullish trend. RSI consolidation above 50 indicates continued buying pressure.
XRP's price continues to exhibit bullish sentiment, overcoming key resistance levels and sparking a new wave of interest from the market.
