XRP Bulls Face One Final Test After the Surge – And This Level Will Decide Ripple’s Fate
After a highly volatile, eventful, and finally positive few days following the Wednesday Treasury Department announcement, Ripple’s XRP has slowed down by dipping from $1.70 to $1.50.
Its fluctuations went through the roof recently, and many analysts have started speculating on what’s coming next. Here are some of the latest analyses and predictions.
All Eyes on $1.70 The massive surge began after XRP challenged the $1.00 support on several occasions in the past few weeks, but the bulls stepped up on Wednesday and drove the cryptocurrency to a multi-month peak of $1.70 on Saturday morning.
This means that the token had skyrocketed by 70% in less than 72 hours. However, the rejection at that level was quite painful.
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