XRP Breakout Confirmed: Rally to $4.35 Has Now Begun
- XRP has broken through the key $2.35 resistance level after being rejected there for the past six weeks
- The breakout has led one analyst to issue a new price target of $4.35 for XRP by the end of July
- The move comes as part of a broader market rally that saw Bitcoin hit a new all-time high of $112k
XRP, the native cryptocurrency of the open-source XRP Ledger (XRPL), broke above significant resistance on Wednesday to revive its bullish sentiments. Crypto analysts who follow the digital asset believe the latest move will push the cryptocurrency’s price to significantly higher levels.
One such XRP supporter with massive followers on X believes the move marks the beginning of an “XRP season.” According to the XRP user, the cryptocurrency will continue rallying and reach a target of $4.35 by the end of July.
XRP Smashes Through a Six-Week Barrier
XRP has now overcome the $2.35 barrier, a level that suppressed its price for the past six weeks. The cryptocurrency attempted to break above that region multiple times, but succumbed to bearish pressure…
The post XRP Breakout Confirmed: Rally to $4.35 Has Now Begun appeared first on Coin Edition.
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XRP Breakout Confirmed: Rally to $4.35 Has Now Begun
- XRP has broken through the key $2.35 resistance level after being rejected there for the past six weeks
- The breakout has led one analyst to issue a new price target of $4.35 for XRP by the end of July
- The move comes as part of a broader market rally that saw Bitcoin hit a new all-time high of $112k
XRP, the native cryptocurrency of the open-source XRP Ledger (XRPL), broke above significant resistance on Wednesday to revive its bullish sentiments. Crypto analysts who follow the digital asset believe the latest move will push the cryptocurrency’s price to significantly higher levels.
One such XRP supporter with massive followers on X believes the move marks the beginning of an “XRP season.” According to the XRP user, the cryptocurrency will continue rallying and reach a target of $4.35 by the end of July.
XRP Smashes Through a Six-Week Barrier
XRP has now overcome the $2.35 barrier, a level that suppressed its price for the past six weeks. The cryptocurrency attempted to break above that region multiple times, but succumbed to bearish pressure…
The post XRP Breakout Confirmed: Rally to $4.35 Has Now Begun appeared first on Coin Edition.
Read More
XRP (XRP) Price Prediction for July 15