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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…

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Rebound Sets target VShaped
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