The sixth largest cryptocurrency by market capitalization XRPcan be prepared to earn 20% if all conditions are met.
XRP is trading inside a falling wedge pattern, which signals an imminent price reversal, but the extent of the breakout is uncertain. At the time of this writing, Ripple It is trading at $0.47, up marginally in the last 24 hours. Other than Binance’s slightly increased BNB token, it remains the only crypto-asset among the top 10 to remain in the green.
Altcoins‘s trading volume has increased by an average of 68% in the last 24 hours, with a value of $ 637 million. This means that the number of trades opened by traders for the token has increased.
#xrp – weekly
NEWS CONTINUES BELOWThe annoying green line eventually became support. I remember it well because it never felt like it would get through it 🤬
Will we see the annoying red line become support? 🤬
NEWS CONTINUES BELOW2020 #dx ☠️ #xrp 🚀
2023 #dx ☠️ xrp 😱 pic.twitter.com/9n4zZOGb4N— CoinsKid (@Coins_Kid) July 9, 2023
Trader “CoinsKid” has a weekly chart of XRP highlighting key support that has historically resulted in gains. sharing made. The trader noted that $0.31 has finally become support, highlighting a target of $0.55 as the price struggles to move higher.
1.1 Billion Purchases: Whales Have Been Loading This Altcoin For Months!
This forecast represents a 20% rise from the current price of $0.47. In another tweet, “Coinkid” predicts that if XRP clears the resistance at $0.56, it could rise to at least $0.69.
You can follow the current price action here.