The post Ripple Waits for a Major Bullish Signal: Will the XRP Price Mark New Highs in 2024? appeared first on Coinpedia Fintech News
After the recent upswing, the crypto space has begun to consolidate within a narrow range. As the Bitcoin price dropped close to $40,000, the XRP price also plunged heavily, close to $0.5 from the daily highs of around $0.64. With the upcoming price action, the XRP price is expected to break above the pivotal levels, which may push the price beyond a 2-digit figure soon.
The XRP price has been highly volatile ever since the final judgement of the Ripple vs SEC lawsuit made huge rounds within the space. However, the recent pullback had dragged the price to its initial levels, but a quick rebound halted the bearish actions. Now the XRP price has reached crucial ranges that suggest the bulls are attempting to elevate it to a large extent.
In the monthly timeframe, the XRP price has been exhibiting its reluctance to maintain a descending trend despite the in
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