XRP Alert: $1.41 Realized Price Reclaimed, Symmetrical Triangle Targets $2.24
$XRP crossed back above its Realized Price at $1.41, the average cost basis of all holders. When this metric flips, underwater sell pressure disappears. The average investor is profitable again.
Technical structure backing the move:
- Symmetrical triangle formation with 55% projected breakout
- Target: $2.24
- Trendline to close above: $1.46
- Resistance to flip: $1.57 to $1.60
- Floor to defend: $1.35 to $1.40
Mid-2024 saw the same Realized Price crossover trigger a parabolic run. Primary narrative for this cycle: $2.40.
#XRP #Ripple #Breakout #TechnicalAnalysis #CryptoSignals

XRP
1.4321
-0.37%