XRP had a great performance this week and closed with an 11% price increase! 🎉

After consolidating the 54 cent level as support, XRP quickly rose to almost 60 cents. The buying momentum is strong and it looks like the price could rise even higher in the coming week.

Last week, buying volume exceeded selling pressure for five days straight. This caused the price to rise and demand to increase. If this buying pressure continues, the 60 cent resistance could be broken.

XRP also made a bullish crossover on the daily MACD on Friday. Buyers are currently in control of the price action and this pullback could be short-lived. If the 60 cent resistance is broken, the next target could be 68 cents. 🚀