Next Resistance Shared in Ripple: This Level Could Bring the “Going to Heaven” Candle!

As Ripple continues its astonishing performance, analysts have started giving price targets.

Ripple has shown a significant upward performance in the last 24 hours, increasing more than ETH despite the spot Ethereum ETF to be launched soon. XRP, which impressed with a performance of more than 40% in about 1 week, excited analysts and investors.

“XRP was outperforming the market for a long time, but the shift in sentiment in crypto has been a steroid hit for the once-biggest altcoin,” said Alex Kuptsikevich, senior market analyst at FxPro.

In the latest bounce, the price rose to 60 cents, the highest level since April. "This is an attempt to return to the upward trend of the last two years," he said.

Kuptsikevich also stated the following:

However, after this climb, XRP may need a rest. This high level is consistent with the long-term consolidations we saw in November-December and March.

Critical level for Heaven's Ladder

On the other hand, the crypto analyst named Dark Defender made a very optimistic post for XRP. He noted that a strong reversal signal was seen on the Weekly Fisher Indicator, confirming the bullish trend of XRP.

The analyst made the following statements:

The first resistance level at $0.4623 was broken immediately. Currently, the intermediate Fibonacci level of $0.5286 is being tested. It would be great if this week's candle closes above $0.53. Secondary intermediate resistance at $0.6044 will be tested next week.

The most important base level for XRP, $0.6649, should never be underestimated. Above this level, multiple God Candles can be expected, which can open the way to the 'Heaven's Ladder'.

Stay tuned for new information