Hidden Channel Points at $ 4.50

The KSRP’s long-term chart shows a strong channel in a drunken channel obtained by the end of 2024. years, indicating the potential passage to $ 4.50 to mid 2025. years. But first, a key level of support must be held.

Ripple’s (XRP) The parent token may place a large break in 2025. year, with a technically supported price goal in the amount of $ 4.50. The price of the price remained limited within a good respected, high time channel from November 2024. years, forming the foundation for the Biko’s long-term view. Recent moves in the scope suggest that the KSRP enters the crucial phase, one that could determine whether they are at new years of high or falling in consolidation.

Key technical points

• Long-term growing channel: Confirmed structure from November 2024. With three main touch points.
• Strong levels of the estuary: Support of $ 1.97 is aligned with a grille of 0.618 Fibonacci and a slight surface.
• Bullish Target: $ 4.50 is a projected upper channel resistance, with time set in July 2025. years.

The price structure of prices is extremely cleaned at higher time frames, and the price respect the high channel and the canal from the end of 2024. Years. This type of symmetric behavior strengthens the reliability of the structure and adds weight to its technical merit. During the entire phase of the accumulation, the KSRP trades primarily in the value area, the zone between the value of the value of low and high, suggesting extended consolidation before expansion.

The current rally has led XRP to the value area high, where resistance is expected. This level is also converted with a coating of 0.618 fibonic, increasing the probability of return. Here, while the short-term bear, he actually helped confirm the larger Bakar scenario.

The key to maintaining this bike is in the support zone of $ 1.97. This level, which is the edge of the channel and also aligned with the Fibonaci level and a slight surface, represent a textbook zone in the textbook. If the bulls successfully defend this region, it could start next leg in the channel, a move that would target directly at the upper limit near $ 4.50.

What to expect in the upcoming price of the store

If the XRP continues to respect the channel structure, a short-term move to $ 1.97 could provide a golden opportunity for bulls. As long as this area has, the wider trend remains intact, and the breakage of $ 4.50 is becoming more likely as the middle 2025. Approaches.

Keep the closeness around about the scope and market swing at the mentioned key levels, it will be crucial for confirmation of any burglary scenario.