XRP Eyes Next Bullish Leg After Key Support Test: Can $16.50 Be Reached?

Quick Summary:

XRP has faced challenges in gaining momentum, but recent developments suggest that the cryptocurrency is now positioned for a potential breakout.

After testing the critical 0.618 Fibonacci retracement level, XRP has held strong, showing signs of a bullish divergence on the RSI.  This support level has likely set the stage for the next upward move.[…]

The post XRP Eyes Next Bullish Leg After Key Support Test: Can $16.50 Be Reached? appeared first on Coin Edition.

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Article Details

Author / Journalist: Izabela Anna

Category: Crypto

Markets: India

Topics: News Market News Market Price Analysis XRP News Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 15:00:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 154 words

Reading Time: 1 minutes read

Sentences: 57 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24714198

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Main Topics: Crypto

Official Website: coinedition.com

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