XRP’s Wild Ride to $3.5: Buckle Up, Folks! 🚀💰

Well, butter my biscuit, the XRP price is fixin’ to make a comeback, and it’s got folks buzzin’ like a hive of bees in a honey factory. Some crypto whiz kid, goin’ by the name of ‘Setupsfx’ on TradingView, reckons XRP’s got its sights set on $3.5—and maybe even higher. After takin’ a tumble and sittin’ in the corner for a spell, the charts are now whisperin’ sweet nothings about a bullish reversal. So, grab your popcorn, ‘cause this show’s just gettin’ started.

According to this Setupsfx fella, XRP’s been playin’ possum, consolidatin’ like a lazy cat on a sunny porch. But now, it’s ready to pounce, and the charts are screamin’ “$3.5 or bust!” And if that ain’t enough, the analyst’s got his eyes on the prize, thinkin’ XRP could even shatter its all-time high of $3.84. Now, that’s what I call shootin’ for the stars.

Now, don’t go bettin’ the farm just yet. The analyst’s keepin’ a neutral stance, which is just a fancy way of sayin’ “I dunno, but it could be big.” Still, he’s got a hunch that if the stars align and the market gods smile upon us, XRP could skyrocket faster than a jackrabbit on a hot griddle.

For the short-term folks, Setupsfx’s got a target of $3.5, which he reckons is a good spot to cash out before the next dip. But for the long-haulers, he’s dreamin’ of $4 or more. That’s almost double where XRP’s sittin’ now at $2.09. Talk about a moonshot!

Charts, Wicks, and Rejections—Oh My!

Setupsfx’s been squintin’ at his charts like a prospector huntin’ for gold, and he’s spotted some mighty interestin’ things. There’s liquidity zones, IMB zones, and an accumulation phase that’s got him all aflutter. Plus, those low wicks on the chart? That’s a sign the buyers are back in town, ready to take the reins.

And get this—XRP’s already tested and rejected a resistance level three times. That’s like knockin’ on a door, gettin’ no answer, and decidin’ to kick it down instead. The analyst’s even marked an entry point at $1.8 and a stop loss at $1.2, just in case things go south faster than a duck in winter.

Read More

2025-04-03 03:41