Here is the Next Important Level XRP Needs to Break to Continue the Bullish Trend
Ali Martinez, one of the well-known crypto analysts predicts a potential rally for XRP.
Martinez suggests that XRP needs to break $0.9 to trigger a bullish breakout. At the time of writing, XRP is valued at $0.587, down 5.6% in the last 24 hours but reflecting a 19% gain in the last month.
The analyst also argues that XRP has been consolidating within a symmetrical triangle for six years, indicating that exceeding $0.90 could lead to significant gains.
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XRP Showed Strength in July But Faces Uncertainty in AugustCommenting on Chainlink ( LINK ), Martinez uses TD Sequential, a technical analysis tool, to forecast an uptrend. He noted a buy signal on LINK’s four-hour chart, suggesting a recovery is imminent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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