RATE Group | Here’s Why XRP Could Soon Make a Major Movement To Over $0.30
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Here’s Why XRP Could Soon Make a Major Movement To Over $0.30

16 Jan Here’s Why XRP Could Soon Make a Major Movement To Over $0.30

Posted at 04:08h in Bitcoin News by

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XRP has been slowly clawing its way towards the mid-$0.20 region, which previously proved to be a strong support level for the cryptocurrency prior to its capitulatory drop to lows of $0.18 in late-2019.

The bullishness seen across the aggregated crypto market has certainly proven to be positive for major altcoins like XRP and has led the embattled crypto to push against a key trendline that could be the only thing stopping it from seeing a significant near-term rally.

If this level is broken above in the coming several hours and days, it could lead to a major upswing that sends the token surging towards fresh multi-month highs.

XRP Maintains Recent Gains as Analyst Watch Key Trendline

At the time of writing, XRP is trading up marginally at its current price of $0.235, which marks a notable climb from its weekly lows of $0.20 and an even more significant climb from its one-month lows of $0.18.

The bullishness seen amongst major altcoins like XRP has come about concurrently with the firm…

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