XRP Breaks Five-Year Resistance
To elaborate, the price of XRP has broken through a five-year resistance level, which connects the highs of 2018 and 2021. This is another good sign for a significant rise.
Technical signals indicate that XRP is very likely to break the historical high of $3.317 from 2018. Some analysts are even more optimistic, believing that $4.20 is the next target for XRP.
Overall, XRP's recent performance, combined with these bullish technical signals, suggests that XRP is on a strong upward trend this time.
Why can XRP rise?
Isn't it because of the golden cross on the weekly chart? This is a signal for a significant rise. Coupled with breaking the five-year resistance level, everyone's confidence has increased. Analysts predict that XRP could rise to $4.20 this time.
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