Ripple (XRP) has crossed a critical threshold: Signals are positive!

2023-12-25 11:32:44

Ripple (XRP), which has an incredible investor base globally, has managed to put a smile on faces with its latest rise.

XRP, which holds a large investor base not only in Turkey but also globally, has been silent for a while. The XRP, which remained in the background compared to the major coins, finally started to make the expected movements. The popular coin, which managed to show itself with the relaxation of SOL and AVAX, experienced an increase of more than 5 percent in a short time. In addition, the XRP, which has overcome an important resistance zone, has started to give hope for future price movements.

Money from major coins has flowed into Ripple!

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SOL and AVAX, which moved breathlessly upwards during the rise of BTC, eased a little and gave other altcoins a breath of fresh air. The SOL, which showed the best performance in the major coins, and the selling pressure it saw in the AVAX made XRP shine. At the same time, overcoming a decisive resistance strengthened the hand of the XRP.

Trading at $0.6367 at the time of writing, XRP could convey things positively as long as it doesn’t loosen into the red box. In this process, the fundamental side will be as important as the technical side. The lack of news throughout the project and the technical structure as it is now may bring the price to $0.6679 – $0.6962 – $0.7318 – $0.7705 – $0.7893 and $0.8195, respectively. A reverse move could push the price to $0.6111 – $0.5797 and $0.5650, respectively.

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