XRP Price Stuck, But Technical Analysis Points to Over 70% Rally Potential

Despite recent positive developments within the Ripple ecosystem and a surge in on-chain activity, XRP’s price remains stagnant around $2.3. However, technical analysts and market observers believe this could signal an imminent breakout above $2.33, potentially triggering a rally of over 70%. Several key indicators suggest such a bullish move is possible, including rising RSI, bullish EMAs, and an impending Ichimoku Cloud shift to the bullish side.