XRP Eyes Repeat Performance with Potential Price Surge
XRP's price has been steadily increasing over the past few days, and it appears to be following a familiar pattern from last weekend. After reaching $1.54 on Saturday, September 26, XRP surged by around 17.3% from its Sunday low of $1.3695 to Tuesday's high of $1.6071. This move is similar to the one seen in the previous weekend, when XRP increased by approximately 14% from Saturday's close to Tuesday's peak.
Historical data suggests that if XRP repeats last weekend's move, it could reach the $1.76-$1.81 range. However, this is not a price forecast, but rather a mathematical comparison based on the size of last weekend's rally.
The current weekend's setup differs from the previous one in terms of price, with XRP trading around $1.54 compared to roughly $1.41 at the previous Saturday close and the subsequent $1.37 Sunday low. The asset has already tested the $1.62 level within the latest 24-hour period, making it an immediate overhead price level.