XRP continues to bide it's time.
Looking at the chart XRP appears to be moving within this ascending channel. It's reached the bottom support line and I expect it will start moving back upwards. A move to the top of this channel has XRP reaching somewhere near the $2.5 mark.
The SEC lawsuit has caused XRP to lag behind other cryptos thus far. If the SEC lawsuit rules in Ripples favor then all bets are off as far as how high XRP can go. Maybe test the upper trend line near $10?
Looking at the chart XRP appears to be moving within this ascending channel. It's reached the bottom support line and I expect it will start moving back upwards. A move to the top of this channel has XRP reaching somewhere near the $2.5 mark.
The SEC lawsuit has caused XRP to lag behind other cryptos thus far. If the SEC lawsuit rules in Ripples favor then all bets are off as far as how high XRP can go. Maybe test the upper trend line near $10?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.