XRP (XRPUSD) Potential for Bullish Growth

XRP (XRPUSD) Price Forecast: February 22

The XRP market price today saw a surge and is in a position for a bullish growth pattern as the coin is an ascending channel moving towards the upper channel; bulls remain determined to stabilize the token price for higher gains. The bulls are gaining strength in the XRP market at the moment. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further climb up to the $3.21 previous resistance and extend to hit the $3.50 upper resistance level and beyond, signaling a potential surge in the coin price and a good entry point for coin buyers.

Key Levels:
Resistance Levels: $2.70, $2.80, $2.90
Support Levels: $2.26, $2.16, $2.06

XRP (USD) Long-term Trend: Bullish (4H Chart)

The XRP pair is experiencing potential bullish growth as it indicates an upward trend with a bullish sentiment in its long-term perspective. The coin price is trending above the EMA-50, implying the coin market is bullish.
The bulls’ pressure on the crypto to the $2.65 supply value in the last session has sustained the token price above the resistance trend levels in its recent high.

Today, the XRPUSD price action depicts a beautiful and potential bullish growth pattern at the $2.70 high mark above the EMA-50 on the 4-hourly chart that promises a 30% break out if market conditions remain favorable. Therefore, if the bulls could increase their tension in the market, the token price will move above the key levels.

Meanwhile, additional gains are anticipated as the price signal is upward, suggesting that the XRP market may continue its potential growth and might reach the upper resistance level of $3.50 in the upcoming days in its higher time frame.

XRP (USD) Short-term Trend: Bullish (1H Chart)

It’s nice to see a strong buying reaction from the XRPUSD buyers with a potential bullish growth pattern in its short-term outlook. The price bar is above the EMA-50, approaching the overhead resistance line, denoting a bullish trend.
The bullish reversal at the $2.69 high value in the past session has sustained the crypto above the trend line in its recent high.

The XRP market indicates a potential bullish growth pattern as it rises to a $2.70 resistance level above the EMA-50 shortly after the commencement of the 1-hourly chart today, indicating a significant upward trend and potential bullish growth pattern.

Hence, with high buying pressure and positive market sentiment, the crypto has the potential for bullish growth, and this might surge to surpass the $2.83 supply level and attract more investors.

Hence, the XRPUSD pair pointing up on the daily stochastic suggests that the crypto has the potential for bullish growth, suggesting a possible recovery of the $3.50 supply level in the coming days in the short-term forecast.

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