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26 February 2024
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XRP COULD ACCELERATE LOWER AS CHART RESEMBLES BITCOIN’S OCTOBER HIGH


Last week, XRP saw its first large bout of bullish price action in over a month. Following the lead of a swath of other altcoins, the prominent cryptocurrency spiked by approximately 10% in a single day, passing the crucial resistance of $0.20.

Many traders responded to this move with optimism: charts showed that with the rally past $0.20, XRP had broken above a number of crucial resistance levels.

Last week, XRP saw its first large bout of bullish price action in over a month. Following the lead of a swath of other altcoins, the prominent cryptocurrency spiked by approximately 10% in a single day, passing the crucial resistance of $0.20.

Many traders responded to this move with optimism: charts showed that with the rally past $0.20, XRP had broken above a number of crucial resistance levels.

News source

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