XRP Price May Explode to $12 From Long-Term Bottom

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XRP is retesting a key multi-year support zone that has historically preceded major rebounds, with analysts predicting a rally toward $12 if the level holds.

XRP (XRP) is testing a key long-term support level that has historically preceded major rebounds, according to a monthly chart shared by analyst MikybullCrypto.

XRP has jumped by roughly 30% from its February lows.

Multiple fractals suggest the price is bottoming out, supported by strong XRP ETF inflows.

XRP chart hints at rebound toward $12

Milkybull's chart shows XRP trading inside a rising channel that has guided price action since 2014. XRP is now near the channel’s lower trendline around $1.30–$1.40, a zone that previously acted as a launchpad for large upside moves.

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