• Crypto analyst Cilinix Crypto shared a video where he notes a possible false breakout above the mark unless backed by increased volume
• He talks about a potential pullback to fill gaps and to expect a drop to $2.65 – $2.75, filling recent imbalances before considering another rally
• Ryan Lee, the Chief Analyst at Bitget Research, said that XRP could reach $5 by the end of this year

At the moment, XRP is hovering around the $3 mark, which is a psychologically important level. A crypto analyst, Cilinix Crypto, shared a video where he notes a possible ‘false breakout’ above the mark unless backed by increased volume.

Cilinix Crypto talks about a potential pullback to fill gaps and to expect a drop to $2.65 – $2.75, filling recent imbalances before considering another rally. He references technical indicators like the 4‑hour uptrend and 7‑day VWAP (Volume-Weighted Average Price).

XRP’s correlation with Bitcoin stands at 77%, meaning BTC movement heavily influences XRP. A BTC rally could boost XRP, whereas weakness could drag it lower.

The key, according to Cilinix Crypto, is volume and that a breakout above $3 won’t stick unless volume substantial…

The post Is XRP Going to Break $3 or Will a Pullback Dominate? appeared first on Coin Edition.

• Crypto analyst Cilinix Crypto shared a video where he notes a possible false breakout above the mark unless backed by increased volume
• He talks about a potential pullback to fill gaps and to expect a drop to $2.65 – $2.75, filling recent imbalances before considering another rally
• Ryan Lee, the Chief Analyst at Bitget Research, said that XRP could reach $5 by the end of this year

At the moment, XRP is hovering around the $3 mark, which is a psychologically important level. A crypto analyst, Cilinix Crypto, shared a video where he notes a possible ‘false breakout’ above the mark unless backed by increased volume.

Cilinix Crypto talks about a potential pullback to fill gaps and to expect a drop to $2.65 – $2.75, filling recent imbalances before considering another rally. He references technical indicators like the 4‑hour uptrend and 7‑day VWAP (Volume-Weighted Average Price).

XRP’s correlation with Bitcoin stands at 77%, meaning BTC movement heavily influences XRP. A BTC rally could boost XRP, whereas weakness could drag it lower.

The key, according to Cilinix Crypto, is volume and that a breakout above $3 won’t stick unless volume substantial…

The post Is XRP Going to Break $3 or Will a Pullback Dominate? appeared first on Coin Edition.