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MainNewsIf You Hold ...

If You Hold XRP, This Is the Single Most Important Price Level to Watch


by Izabela Anna
for CoinEdition
The XRP price chart shows bullish signals building toward a key breakout confirmation level of $2.30.
  • The single most important price level for an XRP breakout confirmation is a close above $2.30.
  • Bullish technical patterns like a Bull Flag and Double Bottom are signaling a potential rally.
  • A recent spike in on-chain inflows suggests large investors may be accumulating XRP.

A compelling new analysis from the well-known crypto analyst EGRAG CRYPTO lays out a highly bullish case for XRP, showing XRP is primed for a major breakout based on several technical patterns

Using a historical metaphor, the analyst compared XRP’s current chart structure to the “Hypaspists,” elite tactical soldiers in Alexander the Great’s army, to illustrate its potential for a swift and precise upward move. 

While the token is currently consolidating, trading at $2.18 as of press time, the analyst believes this period of tight pri…

The post If You Hold XRP, This Is the Single Most Important Price Level to Watch appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsIf You Hold ...

If You Hold XRP, This Is the Single Most Important Price Level to Watch


by Izabela Anna
for CoinEdition
The XRP price chart shows bullish signals building toward a key breakout confirmation level of $2.30.
  • The single most important price level for an XRP breakout confirmation is a close above $2.30.
  • Bullish technical patterns like a Bull Flag and Double Bottom are signaling a potential rally.
  • A recent spike in on-chain inflows suggests large investors may be accumulating XRP.

A compelling new analysis from the well-known crypto analyst EGRAG CRYPTO lays out a highly bullish case for XRP, showing XRP is primed for a major breakout based on several technical patterns

Using a historical metaphor, the analyst compared XRP’s current chart structure to the “Hypaspists,” elite tactical soldiers in Alexander the Great’s army, to illustrate its potential for a swift and precise upward move. 

While the token is currently consolidating, trading at $2.18 as of press time, the analyst believes this period of tight pri…

The post If You Hold XRP, This Is the Single Most Important Price Level to Watch appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Shiba Inu Price Signals 28% Crash After Bearish Pattern Breaks

Shiba Inu Price Signals 28% Crash After Bearish Pattern Breaks

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