According to a crypto analyst, Ripple's native token XRP may be approaching the end of its bearish phase. The analyst noted the formation of a bullish pattern on the XRP chart, which has been forming over the past seven years and is considered rare and unique in the cryptocurrency landscape. If XRP closes above the $0.60 level, it could see a 20% increase to the $0.75 level, with the potential to breach the $0.65 level. Currently, XRP is trading near the $0.586 level with a slight price surge but a decline in trading volume.
- Content Editor ( coinpedia.org )
- 2024-09-18
XRP’s Bearish Phase Ending? Eyes on $0.75 Level