Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges
Share:
Predictions Markets
See what traders are focused on
- EGRAG CRYPTO revealed that XRP is in a positive trend on its weekly chart.
- A snapshot of XRP’s weekly chart shows that XRP may rise above $0.7.
- A descending triangle on XRP’s daily chart could foreshadow a correction.
The cryptocurrency trader and analyst EGRAG CRYPTO revealed in an X (formerly Twitter) post earlier today that Ripple (XRP) is in a bullish trend on its weekly chart. Included in the post was a snapshot of the altcoin’s weekly chart, which showed that the remittance token was resting on the key support level at around $0.6119.
#XRP Up Trend:
— EGRAG CRYPTO (@egragcrypto) December 19, 2023
If you can't spot this up-trend, what more can I do for you?
"Men who can both be right and SIT TIGHT are uncommon." – Jessie Livermore.#XRPArmy, STAY STEADY! As long as the trend is your friend, no worries at all pic.twitter.com/Hi4UhT3IcJ
Despite the altcoin currently retesting support, EGRAG CRYPTO’s post showed that the cryptocurrency could climb to above $0.70 should the positive trend continue. Looking at the last 24 hours, XRP was able to post a 1.73% gain during this period.
As a result, the altcoin was changing hands at $0.6128 at press…
The post Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges appeared first on Coin Edition.
Read More
Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins
