Analytics

XRP Price May Soar Past $6, Here’s Why

01.07.2024

Amid the current market consolidation, the XRP price has remained stable, hovering above the $0.46 level to seek support above the long-coming support trendline. This week’s neutral candlestick pattern shows that neither buyers nor sellers are taking a definitive stance to drive the price direction. Nonetheless, as the Ripple vs. SEC legal case is gradually heading to its conclusion, market participants anticipate a significant directional shift in XRP’s price.

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01.07.2024
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