XRP Eyes Break Above $3.35 — Breakout Targets $3.40–$3.50
I see XRP gaining strength above the $3.25 area after breaking a bearish hourly trend line and trading above the 100-hour SMA. Momentum indicators are bullish and a sustained break above $3.350–$3.365 should open targets toward $3.40–$3.50.
That said, I recognize the risk of a failed breakout—initial support sits near $3.29 with stronger support at $3.20 and $3.15. A clear close back below $3.20 would increase the chance of a deeper pullback toward $3.08.
Analysis
Recommendation
I would look to buy on a confirmed daily/hourly close above $3.365 with a stop below $3.20, or consider a staggered entry on weakness toward $3.25–$3.20; manage size in case of a failed breakout.
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.