Analysts See XRP Building a Liquidity Shelf at Key Support Level

• XRP nears key resistance levels at $2.20, $2.30, and $2.65 amid growing momentum
• Analysts see potential $17.50 breakout based on repeating EMA-based price patterns
• Strong bounce from $1.90 support signals bullish impulse and possible wave-three rally

XRP is back on traders’ radars as it steadily climbs toward major resistance zones, fueled by renewed investor confidence. 

As of press time price sits at $2.19, with a trading volume of over $2.4 billion in the past 24 hours. A 1.41% gain over the past week adds weight to the argument that bullish momentum is building. 

Look at Technical Structure and Key Levels

EGRAG CRYPTO, a popular analyst in the XRP community, highlights an overlooked but powerful pattern. By analyzing past price surges relative to the Exponential Moving Average (EMA), he sees a repeating structure that supports a projected target of $17.50. 

#XRP – Why $17.5 Is a Simple Yet Powerful Target! :

Looking back at the 2021 cycle, many underestimated #XRP’s massive Pumps but the numbers tell a different story.

By examining the percentage moves from various pumps in relation to the Exponential Moving Average (EMA),… pic.twitter.com/19…

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