CandleFocus XRP Price Rebounds, Next Target Locked
2024-11-21
Author: Content Editor
XRP has remained above the $1 level for the past week, despite not experiencing a significant increase as some investors expected. However, data suggests that XRP is now in a price rebound mode, with its next target being $1.50. In the last 24 hours, XRP has climbed from a low of $1.0691 to its current level of $1.12. The market volume for XRP has also increased by 23.93%, indicating renewed confidence among altcoin traders. Notably, legendary trader Peter Brandt believes that XRP's price is set for a significant uptick, citing a "massive coil" pattern on its technical chart. Open interest for XRP has also seen a substantial increase, suggesting growing interest among traders. Market experts predict that if the trading momentum continues, XRP could reach the $1.50 level and potentially even test $2 in the current bullish market.
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