After experiencing an initial surge of around 50% alongside the broader crypto market back in November of last year, the price action of
XRPUSD has been rather disappointing for the XRP Hodl army, characterized by a consistent pattern of lower highs.
However, recently, following a new test of the 0.5 zone, the cryptocurrency has shown signs of life and begun to ascend.
Currently, the price is flirting with a descending trend line, and although a clear upside break hasn't occurred yet, the likelihood of it happening is considerable.
Should such a breakout occur, after enduring long-term frustration, the price could accelerate upward, with 0.75 serving as a potential target for those who aren't entertaining fantastical scenarios such as XRP reaching $10 USD or beyond.
However, recently, following a new test of the 0.5 zone, the cryptocurrency has shown signs of life and begun to ascend.
Currently, the price is flirting with a descending trend line, and although a clear upside break hasn't occurred yet, the likelihood of it happening is considerable.
Should such a breakout occur, after enduring long-term frustration, the price could accelerate upward, with 0.75 serving as a potential target for those who aren't entertaining fantastical scenarios such as XRP reaching $10 USD or beyond.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.