CandleFocus Analyst Sets Conditions for XRP to Hit $8, Notes XRP Levels to Watch on Monthly, Weekly and Daily Timeframes
2024-12-18
Author: Content Editor
Prominent market commentators have identified pivotal XRP levels to watch on various timeframes in an analysis of the cryptocurrency's price. They stress the importance of a bullish monthly close and note that December's performance will determine the direction in January. The analysis reveals critical support levels on the monthly, weekly, 3-day, daily, and 8-hour timeframes, indicating potential bullish momentum if certain levels are maintained or surpassed. Another analyst also discusses a bullish outlook for XRP, focusing on the bigger picture and potential upward moves. Data from accompanying charts suggest that XRP is in a consolidation phase before a potential sharp upward push. Key support and resistance levels are highlighted, with the current price of XRP at $2.38.
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