CandleFocus
XRP Price Closing in on $0.70, Breakout Expected Soon
2024-09-25
Author: Content Editor
Ripple's XRP has been trading within a symmetrical triangle pattern and recent market gains suggest a potential breakout. If successful, XRP's price could reach $0.70, a level last seen in March. The token's MACD indicator and positive funding rates indicate a bullish trend and market confidence in a continued rally. XRP has also crossed above the 20-day EMA, signaling upward momentum. If the uptrend continues, XRP could reach $0.73. However, if the breakout fails, XRP could drop to $0.56.
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