11h atrás
XRP breakout pattern and options data point to potential move toward $1.85
On March 18, analyst Ali Martinez highlighted that XRP has broken out of a symmetrical triangle after weeks of consolidation, lifting the price above the $1.50 region and projecting a potential target around $1.85. Around the current level near $1.5, roughly $14.6 million in XRP options open interest is clustered at the $1.40 strike ahead of the March 27 expiry, a zone that may act as a key liquidity magnet and support. By press time, XRP traded at $1.49, stayed above its 50-day SMA at $1.47 but remained below the 200-day SMA at $2.15, with a 14-day RSI of 59.9 indicating moderate, but not overextended, bullish momentum.