The XRP price is a rise to 12 dollars after the collapse

The price of XRP decreased to its lowest level in 12 days, with the acceleration of the sale of cryptocurrency amid the concerns surrounding Deepseek.

Tamulization (Xrp) To $ 2.65, down by more than 21% from his highest level this month, bringing the market value to 173 billion dollars.

The price of XRP is a Doji candlestick pattern

There are indications that the price of the rolle may bounce again as long as it is heading near the price level of $ 3. The closure of the trading session on Monday above this price would indicate the formation of a long -legged Doji candlestick, which often indicates a strong reflection.

Duji is a candlestick style characterized by a long lower shade and a small body, which means that the price is opened and closed at almost the same point. In many cases, this pattern is preceded.

Another upper indicator is that the Ripple has formed the pattern of hacking and re -testing by moving to $ 2.6580, which is the highest swing since December last year. Fracture and re -test are a common continuity signal.

In addition, the XRP price is still much lower than the target point. The graph shows that the currency formed a long flag between November and December, followed by a similar triangle. A rising flag pattern like this usually indicates more bullish direction, and is often equal to the length of the pillar of science.

Therefore, measuring the same distance from the upper side of the flag indicates that the price of the riple may rise to $ 12.15.

Ripple price
XRP graph | source: Crypto.News

Tamulization incentives

Ripple has many bullish stimuli that will help to pay them to $ 12. Ripple Labs has registered a degree Money transfer license In New York and Texas, which enables it to provide financial services in the United States.

The open interest of XRP futures has been high in recent weeks, increasing to more than 6 billion dollars - a significant increase in its lowest level in November of $ 650 million. The high open interest number often reflects the strong demand for the currency.

Moreover, there are increasing possibilities for the Securities and Stock Exchange to agree to the XRP box that is circulating later this year. These possibilities have increased to 73% Bolimark. A third party Data It appears that the US dollar ripples (RlusdIt works well as its daily size jumps to approximately 260 million dollars.



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