XRP has reached a key support level at $2.03, sparking predictions of an imminent bullish move. A well-known analyst suggests that this support touch has created bullish divergences, setting the stage for a potential price increase. Currently trading at $2.05, XRP boasts a market cap of over $125 billion and a 24-hour trading volume nearing $3 billion. The analyst anticipates a move towards $2.26, with the possibility of breaking above $2.41 to confirm a bullish trend. However, if the price fails to hold, a decline to $1.65 could occur. The analyst emphasizes the importance of risk management, advising traders to set stop-loss orders below the $2.03 support level.
XRP Hits $2.03 Support, Analyst Predicts Bullish Surge
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This content is for informational purposes only and does not constitute investment advice.
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