Crypto
XRP Hits Resistance Zone as Crypto Analyst Predicts Price Surge
XRP has been trading steadily around $1.50 after holding above its rising trend line from August lows.
The daily chart shows resistance at $1.58-$1.65 and support near $1.20-$1.25, with the current price below the resistance zone but still holding its trend line.
Crypto analyst Crypto Rover believes that once XRP clears these levels, 'it will soar', specifically pointing to the $1.58-$1.65 ceiling.
Institutional demand through U.S. spot XRP ETFs has remained firm, with about $75.59 million in inflows during the Sept. 21-25 week and cumulative inflows reaching near $1.79 billion.