XRP Eyes $3.26–$3.48; Buy on Weakness as 200 EMA Holds
I expect XRP to target $3.26–$3.48 (roughly 5–13% upside) within the next 2–4 weeks after a bounce off the 200 EMA and the formation of a bull flag.
The setup is constructive, but the MACD remains bearish, so momentum confirmation is required before adding size.
I’ll favor buying on pullbacks to the EMA or lower support and keep defined stops if momentum does not improve.
Analysis
Recommendation
Recommendation: buy on weakness (pullbacks to the 200 EMA/support) with a 2–4 week horizon, use a stop below the EMA/flag invalidation, and wait for MACD or volume confirmation before scaling up.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.