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截止於 8月9日 24:00 (UTC+8)
詳情: https://www.gate.com/announcements/article/46384
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How high can XRP price go?
Key takeaways:
XRP (XRP) has surged 65% in a month, rebounding from a $1.61 low to $2.65 by May 14, driven by whale accumulation and easing US-China trade tensions.
XRP rising wedge hints at 45% rally next
XRP has broken out of a multimonth falling wedge pattern, aiming for a potential upside target near $3.69 by June, up around 45% from the current price levels.
However, if the price falls back below the wedge’s upper trendline and loses support at these EMAs, the bullish setup could be invalidated, risking a decline toward the lower trendline near $1.75.
XRP liquidation heatmap hints at $2.68-2.87
The Binance XRP/USDT liquidation heatmap reveals key liquidity zones where large liquidation events may occur. These levels often act as magnet zones, influencing price direction based on the amount of liquidity at a given level.
A decisive break above $2.68 could trigger a short squeeze scenario, forcing liquidations and potentially driving the price toward the next major liquidity zone at $2.87.
XRP price symmetrical triangle points to $17
XRP is showing signs of breaking out of a symmetrical triangle forming on the 2-week chart since 2025’s beginning, which may lead to a broader bullish continuation trend in the coming months.
Related: Can XRP price reach $4 in May? Analysts are watching these key levels
Applying the same rule on XRP’s multiyear symmetrical triangle, which entered its breakout stage in November 2024, the upside target is over $17.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.