Historic Six-Month Candle Close Signals Strong Bullish Momentum

XRP has officially closed its first-ever six-month candle above the Bull Market Support Band (BMSB), marking a major bullish milestone. This crypto trading signal is significant, as it indicates a potential long-term uptrend. The lower edge of the BMSB is now positioned at $2, and according to top analyst Egrag Crypto, XRP is unlikely to dip below this level under normal market conditions.

Bullish Breakout & Key Price Targets for XRP

A symmetrical triangle pattern is forming on XRP’s chart, signaling an imminent bullish breakout. Based on this structure, two key price targets emerge:

✅ Conservative Target: $8–$13 (supported by solid technical analysis)
✅ Aggressive Target: $27–$31 (based on the full height of the triangle)

This best crypto trading signal highlights XRP’s immense growth potential in the coming months, attracting investors and traders worldwide.

Fibonacci Levels Confirm Bullish Momentum

XRP has already surpassed key Fibonacci retracement levels, reinforcing its bullish outlook. Here are the next major resistance points:

🔵 $2.8425 – Already broken, signaling strong momentum
🔵 $3.3170 – Current key resistance level being tested
🔵 $11.59, $17.48, and $31.54 – Fibonacci extension levels for long-term targets

Momentum & Market Conditions Favor XRP’s Next Rally

XRP’s price has already surged 48.26%, backed by strong buying pressure. The blue moving average line shows a steady incline, aligning with past bull runs like the one in 2017. If history repeats itself, XRP could be gearing up for a massive parabolic move in the coming months.

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