XRP price bounced back since the early trading hours with the intensifying of the ‘Relist XRP’ campaign. Further, the price gained huge bullish momentum and gained nearly 15% in just a couple of hours at the press time. The continued pace may also lead the price to surpass the yearly highs around $0.6 too.
The price at the press time is attempting very hard to smash $0.6 levels and steadily heading without huge corrections. Continuing the current trend, the price may also surge further to the target set at $1.4 as predicted by an analyst.
As per the analysts, once the XRP price breaks the ascending triangle, the price may gain another 165% surge that may lead a price above $1.
Also Read: XRP Price Analysis: Investors Predict Bull-Run to Break Previous ATH of the Year
Many analysts in the crypto space believe Ripple’s XRP carries strong fundamentals and is also worldwide accepted as a payment gateway. Therefore, the price is anticipated to spike up in the coming days to as high as $100 too.
Currently, the market sentiments appears to be completely bullish with a strong XRP community which upheld the price above $0.4 amid the depleting trend. Considering the facts, one of the popular analysts, Sir Gordon believes the price may even hit levels close to $30 in coming days.
At the time of writing, the XRP price is $0.5752 with a jump of 14.10% compared to the last trading day. However, currently, it is mandatory for the price to smash the resistance levels at $0.6. Also not visit the support levels around $0.5. However, the RSI indicators for Ripple’s XRP showcase a bullish trend. And the technical indicators also point towards a strong buy signal.
Also Read: Huge Whale Transfers for Ripple’s XRP, Coinbase Being the Major Player
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