CandleFocus Ripple Price Analysis: This Is XRP’s Next Resistance Target After Gaining 15% Weekly
2024-11-11
Author: Content Editor
Ripple has seen a surge in buying pressure, leading to a strong price spike and reclaiming key resistance levels. This suggests an upward trend in the mid-term, with a potential target of the $0.66 resistance. The asset has broken above the 100-day and 200-day moving averages, indicating a shift in sentiment and a stronger position for buyers. Ripple is currently trading within an expanding wedge pattern, with a consolidation expected in the $0.55-$0.66 range before a continued bullish move towards the $0.66 resistance level.
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