$XRP may not have sustained its rise, but $2 is within reach!
Last weekend, the market witnessed XRP break through the $1.50 resistance level and briefly touch $1.60.
However, this surge did not last long, as sellers quickly pushed the price down below $1.15, which may indicate a false breakout.
A false breakout refers to a scenario where the price breaks through a key level and seems to exhibit a sustained trend, but then quickly reverses.
XRP's inability to maintain above $1.50 may suggest a weakening of buying power or an overextension of the upward trend, leading traders to reassess their positions and increased market volatility.
$1.50 remains a key resistance level, and if it can be effectively broken, XRP is expected to reach $1.80 or $2.
Conversely, if it falls below $1.30, it may indicate a deeper correction.
The overall market sentiment will largely influence whether XRP can maintain higher levels.
Recently, I plan to target a potential coin that is ready to explode, doubling my investment seems quite easy, and I also plan to find some potential coins to hold until the end of the year, with an expected upside of over 10 times being quite feasible, but spots are limited! If you want to keep up, like + comment.