Latest developments in the XRP currency .. Whoever holds this currency is lucky
Factors supporting the rise of XRP
1. Bullish flag pattern on the chart.
2. Breakout above the descending resistance line.
3. Price target of $6.40 or 260% gains.
4. Potential market value of $500 billion.
Technical analysis
1. XRP price is trying to close a daily candle above the resistance line.
2. Breakout above $2.72 leads to additional gains.
3. Resistance range between $2.48-2.60.
4. Immediate target at $3.74.
Warnings
1. Delay may affect the outcome of the pattern.
2. Possible breakdown if resistance remains.
3. High volatility in the market.
Sources
1. Cointelegraph
2. TradingView
3. (link unavailable)
4. CoinDesk.