XRP Price Stands at Critical Support Zone Ahead of Potential Breakout
XRP's price is currently testing support between $1.10 and $1.29, after completing two legs of a bigger pattern on its chart.
The analyst behind this call suggests that if XRP holds onto this zone, the next big rally could begin.
If it breaks, or if the bounce looks weak and choppy instead of strong and structured, a deeper pullback becomes more likely.
The $11 price target comes from a common pattern in technical analysis where one price swing tends to match the length of an earlier one.