XRP’s path to $6 is now clear after turning green
After reclaiming the $3 resistance level, XRP has reignited its bullish momentum, with technical indicators pointing to a potential record high above $6. In this line, cryptocurrency trading analyst Master Ananda noted that this move could play out within weeks, as XRP remains in the early stages of its bull market, according to a TradingView post on August 4. As per the outlook, XRP recently found strong support just above the 0.618 Fibonacci level at $2.71, sparking an immediate rebound. A green daily candle reversed the drop and broke resistance, followed by another green candle that confirmed the bullish reversal. XRP price analysis. Source: TradingView Following the bounce at $2.71, XRP reclaimed the $3 mark. With support confirmed and the 0.382 level at $2.87 holding firm, traders are now eyeing the next Fibonacci extension targets, first at $4.4948 (1.618 Fib extension), followed by the primary target at $6.2768 (2.618 extension). Ananda emphasized tha...