XRP Price Prediction: Amid the post-halving recovery in Bitcoin, a majority of major altcoins including XRP witnessed a notable upswing since last Friday. The renewed buying pressure uplifted the XRP coin from $0.46 to $0.54, registering a 17.34% jump. This bullish trend is further underscored by the increased number of wallets accumulating substantial quantities of XRP. Is the correction trend on this asset over?
Also Read: XRP Whales Move 70 Mln Coin Amid Ripple’s Response To SEC, What’s Next?
XRP Gains Momentum Amid Wallets Surge and Bitcoin Halving Fuels Optimism
XRP Price Analysis| Tradingview
The near-term trend in XRP price is bearish evidenced by the downsloping resistance trendline in the daily chart. This dynamic resistance assisted sellers in a correction from $0.744 to $0.41 low, registering a 43.7% loss.
However, with Bitcoin Halving last week, the XRP price managed to hold above $0.466 and rebound sharply along with the BTC price to $37k.
XRP is currently trading at
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