Crypto
XRP Bulls Eye 100% Rally as Key Resistance Level Comes into Focus
XRP has bounced back from its recent low of $1.33 to reclaim the key support level at $1.40, and analysts are eyeing a potential rally to $2.70.
The token's recovery coincided with a surge in trading activity, with Binance handling almost $7.3 billion in XRP spot trades in late August, followed by Upbit ($4.7 billion) and Bithumb ($2.6 billion).
EGRAG CRYPTO believes that XRP is attempting to establish a bullish continuation pattern, but the key resistance level at $1.50 must be overcome for the asset to reach its target.