RATE Group | The Sky’s the Limit for Ripple’s XRP as Price Busts Past 2 Key Resistances
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The Sky’s the Limit for Ripple’s XRP as Price Busts Past 2 Key Resistances

09 Feb The Sky’s the Limit for Ripple’s XRP as Price Busts Past 2 Key Resistances

Posted at 08:44h in Bitcoin News by

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While XRP is up over 50% in the past 50 days, rallying from $0.17 to a local top of $0.29 in just over a months’ time, the cryptocurrency is still dramatically down from its all-time high above $3.00, set in early-2018.

In fact, at the current price of $0.278, XRP remains over 90% lower than its all-time high, which means that the asset has dramatically underperformed Bitcoin, down a mere 50% from its $20,000 high.

Related Reading: Traders Expect Bitcoin Price to Explode Big in Next Week: Will It Happen?

Despite this dramatic discrepancy, technical analyses are suggesting that the top altcoin is on the verge of surging again, with prices recently printing strong signs on its long-term charts.

XRP Could Soon Explode Even Higher Than It Has

Prominent crypto trader Inmortal Technique recently shared the below chart, showing that XRP has over the past few days broken past two key long-term resistances simultaneously, boding extremely well for the bullish narrative.

The resistances in…

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