Ripple Price Analysis: What Are XRP's Next Targets After 8% Weekly Surge?

Ripple Price Analysis centers on XRP’s next targets after an 8% weekly surge, citing technical levels that could decide the next move. The article says XRP rebounded from recent lows, confirming a bullish divergence near support, while the broader market structure is still corrective. On the daily chart, XRP is described as trading inside a long-term descending channel and below major moving averages, with the price pushing toward a key resistance band between $1.17 and $1.24. That zone previously acted as support after a breakdown and is now framed as supply. A reclaim of $1.17–$1.24 would be the first sign of a larger reversal structure, while failure could trigger a pullback toward the $1.02–$1.06 area. The piece also highlights a 4-hour setup, noting consolidation in the demand zone before buyers drove price toward descending trendline resistance near $1.21–$1.29 supply.