‍#Gate13周年现场直击 XRP Rises Above Realization Price: Analysts Expect a 55% Increase. XRP (XRP) has risen above its realization price of $1.41, recovering 28% from its initial rise of $1.12. This indicates that the average XRP holder is no longer in a loss position. Currently trading at $1.44, analysts estimate a potential 55% rally could extend to $2.24. For bulls to achieve this target, they first need to keep the price above $1.40. How XRP Holders Turned Profit According to data, the XRP/USDT pair has increased by 1.6% in the last 24 hours and 5% in the last seven days. The realization price of the coin is currently at $1.41. This metric shows the average cost of all coins based on their recent movements. XRP holding above this level means the average investor has exited a loss position. Historical data shows that a breakout above this level shifts market sentiment away from "fear," reducing selling pressure from investors who have lost hope and encouraging holding. In a similar scenario in mid-2024, the price rallied 460% from $0.52 to $2.90 after recovering its initial price. XRP has been moving within a symmetrical triangle formation for over two months. For an upward breakout, the price needs to break above the upper trendline of the triangle at $1.46 and close above this level. The target of the formation is at $2.24, calculated by adding the height of the triangle to the breakout point. This represents a 55% increase from the current price. The technical analyst stated that the moving averages between $1.35 and $1.40 "must hold," emphasizing that these levels are critical for the continuation of the bullish outlook. On the upside, the 111-day moving average at $1.57, the 200-day moving average at $1.88, and the 365-day moving average at $2.22 stand out as resistance levels. For XRP to continue its bull trend, staying above $1.40 seems critical. If this level is maintained, the coin could head towards the $2.24 target. However, a daily candle close above the upper trendline of the descending parallel channel at $1.60 is needed to confirm a trend reversal. Investors should closely monitor the symmetrical triangle breakout level at $1.46 and the support zone between $1.35 and $1.40. If these levels are held, a potential 55% rally for XRP could occur. XRP holding above the realized price is creating positive momentum as average investors take profits. Technical indicators also point to a 55% increase potential up to $2.24, but this scenario requires the critical support levels to be maintained. This content is not investment advice. ‍$XRP

JUST IN: ETF clients buy $3 million worth of $XRP, bringing total ETF-held net assets to $1.43 billion.