XRP – Why is it possible to rise 20% if these levels remain the same

Binance's XRP reserves surged by 43 million in the past week, indicating potential selling pressure. Despite this, XRP broke through the key downtrend line, trading at $3.05, a daily increase of 1.67% and trading volume increased by 49%. Analysts believe that if the momentum continues, XRP could rise 20% to $3.66, but $3.4 remains the key resistance level. Key support is at $2.93, with liquidation levels at $2.988 and $3.084.