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Home»Bitcoin»V-Shaped Rebound Sets Target at $3.40
Bitcoin

V-Shaped Rebound Sets Target at $3.40

May 18, 2025No Comments12 Mins Read
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,$L4:null,$L5:null,$L6:null,$L7:null,$L8:null,$L9:null,$L10:null,$L11:null,$L12:null,$L13:null,$L14:null,$L15:null,$L16:null,$L17:null,$L18:null,$L19:null,$L20:null,$L21:null,$L22:null,$L23:null,$L24:null,$L25:null,$L26:null,$L27:null,$L28:null,$L29:null,$L2a:null,$L2b:null,$L2c:null,$L2d:null,$L2e:null,$L2f:null,$L4:null,$L5:null,$L6:null,$L7:null,$L8:null,$L9:null,$L10:null,$L11:null,$L12:null,$L13:null,$L14:null,$L15:null,$L16:null,$L17:null,$L18:null,$L19:null,$L20:null,$L21:null,$L22:null,$L23:null,$L24:null,$L25:null,$L26:null,$L27:null,$L28:null,$L29:null},{$:div,_key:0a9b3c1710e0,_type:div,className:text-primary-100 body-font,children:[{$:h1,_key:0fb8294dd2a2,_type:h1,className:text-4xl md:text-5xl font-bold leading-snug mb-2,children:XRP Price Analysis: Technical Indicators Suggest Bullish Breakout},{$:p,_key:1f7fe1b8f969,_type:p,className:mb-4,children:Global economic tensions and regulatory developments continue to influence XRP’s price action, with the digital asset showing remarkable resilience despite recent volatility.},{$:p,_key:ed7aee8d7d62,_type:p,className:mb-4,children:After experiencing a significant dip to $2.307 on high volume, XRP has established an upward trajectory with a series of higher lows, suggesting continued momentum as it approaches resistance levels.},{$:p,_key:4f0f5283a199,_type:p,className:mb-4,children:Technical indicators point to a potential bullish breakout, with multiple analysts highlighting critical support at $2.35-$2.40 that must hold for upward continuation.},{$:h2,_key:d09af1f7b1d8,_type:h2,className:text-2xl font-bold leading-snug mb-2,children:Technical Analysis Highlights},{$:ul,_key:2bb333e7be1d,_type:ul,className:list-disc pl-6 mb-4,children:[{$:li,_key:4e47d7e3a3c5,_type:li,children:Price experienced a 3.76% range ($2.307-$2.396) over 24 hours with a sharp sell-off at 16:00 dropping to $2.307 on high volume (77.9M).},{$:li,_key:f6a6e3e7b9c8,_type:li,children:Strong support emerged at $2.32 level with buyers stepping in during high-volume periods, particularly during the 13:00-14:00 recovery.},{$:li,_key:c0e4ba246df2,_type:li,children:Asset established upward trajectory, forming higher lows from the bottom, with resistance around $2.39 tested during 07:00 session.},{$:li,_key:f6a6e3e7b9c8,_type:li,children:In the last hour, XRP climbed from $2.358 to $2.368, representing a 0.42% gain with notable volume spikes at 01:52 and 01:55.},{$:li,_key:c0e4ba246df2,_type:li,children:Price surged past resistance at $2.36 to reach $2.366, later establishing new local highs at $2.369 during 02:03 session on substantial volume (539,987).},{$:li,_key:f6a6e3e7b9c8,_type:li,children:Currently maintaining strength above $2.368 support level with decreasing volatility suggesting potential continuation of upward trajectory.}]},{$:p,_key:4f0f5283a199,_type:p,className:mb-4,children:External References}]}]}]}]},{$:noscript,_key:a2c1c8d4e3a3,_type:noscript,children:[{$:iframe,_key:5d610a4e8f4b,_type:iframe,src:https://metrics.coindesk.com/ns.html?id=GTM-W9J8GSW,height:0,width:0,style:display:none,visibility:hidden}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]}]} Could’ve sworn the page was around here somewhere…

Have you ever found yourself in a situation where you are searching for a specific webpage but just can’t seem to find it? It can be frustrating and time-consuming to navigate through a website looking for the content you need. This is where a well-organized and easily accessible website structure comes into play.

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So the next time you find yourself searching for a specific page on our website, remember that our user-friendly interface and commitment to journalistic integrity are here to support you every step of the way. Whether you are a seasoned cryptocurrency enthusiast or a newcomer to the industry, CoinDesk is your trusted source for reliable news, resources, and insights. The world of online shopping has seen a significant increase in popularity over the years, with more and more consumers turning to the internet to make their purchases. From clothing and electronics to groceries and household items, the convenience of shopping online has revolutionized the way we shop.

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Rebound Sets target VShaped
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