Notching a victory over the SEC in mid-July. Ripplewent up to $0.93.
Afterwards, it fell to $0.42 during the general market decline in August. XRP At the time of writing, it continues to be traded at $ 0.616.
While XRP investors are looking forward to a rise again, popular analyst Ali MartinezA bullish comment came from for XRP.
Stating that XRP has been moving in a descending channel for a long time, the analyst said that XRP has now left this channel and XRP may be preparing for a potential explosion.
At this point, the analyst stated that XRP has exited the downward trend and commented on the latest movement of XRP.
He stated that if it can continue, levels of $0.65-0.66 could be seen in the short term.
“XRP appears to be breaking out of a descending parallel channel, which could result in an uptrend for XRP to $0.65 – $0.66.”
#Ripple | $XRP appears to be breaking out from a descending parallel channel, which may result in an upswing to $0.65 – $0.66 for #XRP. pic.twitter.com/gvfeEMKIDX
— Ali (@ali_charts) November 23, 2023
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