• According to CoinsKid, XRP appears to be setting up for a potential rally.
• CoinsKid revealed a confluence that could trigger an XRP move towards $2 by July.
• XRP has repeatedly bounced off an ascending trendline for over five years.

According to a crypto trader identified as CoinsKid on X, XRP appears to be setting up for a potential rally in what he described as a “blow-off top theory.” In a recent post, CoinsKid discussed a confluence that could trigger an XRP move towards $2 by July this year, with the potential of breaking above the long-term resistance.

CoinsKid based his analysis on XRP’s monthly chart, tracking back to January 2018, when the price crashed below $2. He used a screenshot to show that XRP attempted to retest the $2 region only once after the crash, in April 2021. Hence, the XRP $2 resistance level hasn’t been broken for over five years.

The trader …

The post Trader Predicts Monster XRP Rally Ending in $2 “Blow-Off Top” by July appeared first on Coin Edition.

• According to CoinsKid, XRP appears to be setting up for a potential rally.
• CoinsKid revealed a confluence that could trigger an XRP move towards $2 by July.
• XRP has repeatedly bounced off an ascending trendline for over five years.

According to a crypto trader identified as CoinsKid on X, XRP appears to be setting up for a potential rally in what he described as a “blow-off top theory.” In a recent post, CoinsKid discussed a confluence that could trigger an XRP move towards $2 by July this year, with the potential of breaking above the long-term resistance.

CoinsKid based his analysis on XRP’s monthly chart, tracking back to January 2018, when the price crashed below $2. He used a screenshot to show that XRP attempted to retest the $2 region only once after the crash, in April 2021. Hence, the XRP $2 resistance level hasn’t been broken for over five years.

The trader …

The post Trader Predicts Monster XRP Rally Ending in $2 “Blow-Off Top” by July appeared first on Coin Edition.