XRP Analyst Sees $60 Price Target, But High Selling Pressure Stands in the Way
XRP crypto analyst has predicted that the price of XRP could reach $60 in the near future, but there's a major hurdle to overcome first.
The analyst notes that XRP needs to break through a key resistance level before it can continue its upward momentum. Currently, XRP is trading at around $30, and the analyst believes that it has the potential to reach $60 if it can clear this barrier.
The major hurdle that XRP needs to overcome is the high volume of selling pressure that is currently weighing on the market. The analyst notes that as long as this selling pressure persists, it will be difficult for XRP to make significant gains.