To put this recent price swing into perspective, the XRP price rose from $0.6 to $1.2 during last week and broken the resistance at $0.96 .
With the XRP price noting a strong 11.52% bounce in the past 24 hours, things are looking rather positive for the time being. It is also worth noting XRP has gained 1.57% over Bitcoin , although it is to be expected this trend will reverse at some point.
This trade could play out in 2 ways,
-Price continues it's strong momentum to the upside, and hits the upside target at $1.40 in one strong swing move.
-Price retests the side-wards resistance turned support at around $0.96 before the up move begins.
With $ 2.521bn in 24-hour trading , there is no lack of interest in XRP as of right now.More investors demand exposure to different cryptocurrencies and digital assets XRP is in rather high demand right now, and a few major exchanges on the world added to their trading platforms.
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