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XRP surges whenever this signal appears, $27 target scenario draws attention

An analysis says XRP is again forming a structure that has appeared before sharp rallies. Market analyst Chart Nerd said XRP could dip once more to a long-term rising trendline and then rebound, putting a potential bottom zone at $0.70 to $0.90. He flagged a break below a weekly bull market support band as a key variable and said XRP is compressing in the $1.30 to $1.50 range. He set a Fibonacci-based long-term target of $27 if XRP clears its $3.60 prior high, but said it may first make a new cycle low and retest the trendline.