Is XRP Poised for a Major Breakout in the Next Bull Run?

$XRP is making waves, capturing attention with its current trading range between $2.39 and $3.46. Over the past month, XRP has surged by an impressive 37%, and over the last six months, it’s delivered a staggering 435% growth. These figures highlight the growing momentum behind the Ripple-backed asset.

Key Indicators and Technical Insights
Moving Averages: The 10-day moving average has crossed just above the 100-day moving average, signaling short-term bullish potential.
RSI: Currently near 58, XRP is not in the overbought territory, leaving room for further price appreciation.
Resistance Levels: The next significant hurdle for XRP is $3.97, and breaking above this could pave the way toward the psychological milestone of $5.00.
Bullish Projections
If XRP continues its current upward trajectory, a 45% surge to its next major resistance level is within reach. Such a move would align perfectly with the growing optimism around an anticipated global crypto bull run, thrilling both investors and enthusiasts alike.

Bottom Line
With strong technicals and momentum on its side, XRP appears ready to capitalize on the broader market’s bullish sentiment. Traders should keep an eye on key resistance and support levels as XRP gears up for a potentially explosive move.
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