XRP Breaking Above $0.55 Could Propel It to $1, Predicts Analyst

• EGRAG CRYPTO predicted that XRP may never break below $1 again if it closes weekly candles above this mark.
• The analyst revealed that XRP will need to break above the strong resistance at $0.55 before it can reach $1.
• At press time, XRP was trading at $0.5236 after dropping 1.17% over the past 24 hours.

In an X (formerly Twitter) post published earlier today, the cryptocurrency analyst and trader that goes by the name EGRAG CRYPTO predicted that the next time Ripple (XRP) closes above $1, it may very well signal the last time the altcoin will trade below $1 again. According to his post, the altcoin’s price has broken out of a multi-month trend line and has successfully retested the breakout.

Subsequently, the analyst anticipates that the remittance token’s price is gearing up for a s…

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