📢 XRP headed ‘to the moon’ after clearing this level: 🚀🚀🚀🚀🚀🚀🚀🚀
🔥🔥 XRP has enjoyed a bullish run in recent days as the token aims to maintain gains above $0.60, with an analyst suggesting there is more room for upside potential.
Particularly, in a TradingView post on July 25, RLinda noted that XRP is displaying a critical formation that suggests a significant potential breakout.
This technical insight, combined with optimistic statements from Ripple’s CEO about an imminent resolution to the ongoing legal battle with the Securities and Exchange Commission (SEC), could boost the token.
The analyst observed that XRP shows a bearish wedge pattern, typically seen as a bullish reversal signal. Notably, the analysis indicates a decrease in volatility and forming a pre-breakdown consolidation, suggesting potential upward movement if the fundamental backdrop changes.
🔥🔥🔥🔥 According to RLinda, key levels to watch include resistance at $0.6378 and $0.7440 and support at $0.5712 and $0.5100. If XRP breaks above the resistance at $0.6378, it could signal a robust upward trajectory, potentially leading to a significant rally.
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #XRPGoal
