🚀 Ripple (XRP) just rocked the crypto market with a 158% price surge! After consolidating around $0.6 for a long time, XRP shot up to $1.3, its highest level since November 2021. But be careful, because the RSI indicator is showing overbought conditions. This means that Ripple may need to take a break and consolidate in the $0.9-$1.3 range.
- On the 4-hour chart, Ripple was rejected in the $1.3 resistance zone. This is an opportunity for the market to "cool down" and investors to enjoy the profits.
- Next prediction? There is likely to be a correction towards $0.9-$1.0, and it could even touch the Fibonacci levels of $0.88 and $0.78.
What do you think, will Ripple continue to advance or does it need a break? Let's discuss in the comments column!