đŽ $XRP 0.72 Is needed to Potential Breakout đŽ
XRPâs price remained relatively stable over the weekend, hovering around $0.60, with trading volume decreasing by 7% to below $1 billion. Despite the slow price action, XRP supporters remain enthusiastic.
Veteran traders have shared their insights on XRPâs potential price movement. âWIZZ,â a trader with over 700k followers on Twitter, predicts a breakout this week, considering anything above $0.70 as a breakout. This aligns with âCrypto Caesar,â who noted that $0.55 acts as a strong support area, with $0.40 being an even stronger support zone.Â
He expects XRP to revisit the $0.75 area, despite a potential slight correction at the beginning of August
Currently, there are no significant updates on the Ripple vs. SEC case. This ongoing uncertainty makes major price pumps exceeding 15% unlikely in the near term. However, the predictions from WIZZ and Crypto Caesar suggest a cautiously optimistic outlook for XRP.
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