EXPERT URGES INVESTORS TO KEEP BUYING XRP IF ITS HOLDS THIS SUPPORT ZONE
Investment strategist Tunc Satiroglu is urging investors to keep buying XRP if it holds the support zone between $1.30 and $1.60. XRP has demonstrated remarkable resilience amid the recent market correction, with a 24% surge over the past week.
Satiroglu highlights that $1.30 serves as a major stop-loss level for investors. If XRP dips below this threshold, it could signal a bearish trend reversal.
Conversely, $1.60 represents a critical resistance level. Should XRP breach this resistance, it may target $1.70, with potential further gains aiming at $1.96.
It's essential to note that XRP's price movements are influenced by various factors, including whale activity, on-chain data, and market sentiment.$XRP