Ripple Price Surges 5% But Analyst Refuses to Trust This XRP Pump
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Ripple's token (XRP) climbed about 5% to nearly $1.50 amid a crypto market rebound over the past 12 hours, showing short-term price momentum. Analysts note XRP has hit a key sell-wall/resistance zone that will determine if it can challenge ~$1.95; some participants express trust concerns, leaving adoption and upside uncertain.
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With the entire cryptocurrency market rebounding in the past 12 hours or so, Ripple’s cross-border token has joined the trend, jumping 5% to almost $1.50.
Analysts have weighed in on this performance, with some suggesting that the asset has neared a key sell wall zone that could determine the next move and whether it could challenge $1.95. Others, though, have some trust issues.
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XRP Could Crash Under $1 After Key Breakdown and Whales Exit: Analyst
