XRP is trading above the key $2.47 support and shows growing bullish momentum; technical structure and rising volume suggest a possible rally toward $4.80 if $2.47 holds, driven by ETF optimism and concentrated whale holdings.
XRP remains above $2.47 support, setting a base for upside.
Rising volume and long-term accumulation point to broadening investor interest.
On-chain data: 6.99M XRPL wallets and concentrated large holdings back institutional thesis.
XRP price outlook: XRP holds $2.47 support with momentum toward $4.80; read analysis and trade implications now. (Coinotag)
XRP trades above $2.47 support with bullish momentum targeting $4.80. Strong volume and ETF hopes fuel institutional investor interest.
- XRP is holding above the $2.47 support, with strong bullish momentum.
- Long-term charts and rising volume indicate growing investor interest.
- ETF approval prospects and increasing retail use support further upside.
XRP is holding firm above the key $2.47 level, showing constructive price action. Price consolidation around $2.84 suggests momentum is building and market participants are positioning for a potential breakout targeting $4.80. Institutional interest and higher volume underpin the bullish case.
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The XRP price outlook remains bullish while $2.47 support holds. Short-term consolidation near $2.84 can precede continuation; technicals indicate a potential 60–66% upside toward $4.80 if buyers sustain volume and the support zone remains intact.
The $2.47 zone has flipped from resistance to support, forming a technical base. On higher time frames this zone aligns with prior accumulation and breakout levels. As long as $2.47 stays intact, traders view dips as consolidation rather than trend reversal.