Ripple (XRP) to Surge? Expert Reveals 6 Bullish Factors

XRP surge 6 bullish factors

Interest in the crypto market has grown because of Ripple (XRP), the cryptocurrency connected to the digital payment system.

Recent events have led market experts to spot several positive factors that could push XRP to new highs. Among these experts, Alex Cobb has pointed out six key elements that hint at a coming price jump for XRP.

The cryptocurrency market has closely watched XRP’s performance, especially given recent legal issues and market changes. Despite facing an 8.92% drop on July 18 after testing the $0.63 level, XRP has bounced back and is now trading at $0.6064.

Six Key Factors Pointing to an XRP Price Blast

1. Monthly trendline resistance break

One of the most essential technical signs spotted by experts is XRP’s recent break above monthly trendline resistance. This trendline was part of a six-year triangle pattern, and the breakout is bullish.

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