Crypto Comeback Pro is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. (Ad)
It has been some time now since XRP has managed to stay above $1 price resistance. But this is all that the cryptocurrency has done so far, stay above $1 but not move ahead or increase in terms of value and performance. This distant range is getting narrower by the day, and from the looks of it, it seems that a price breakout might be inbound. For three consecutive days, the price of XRP is saturated at $1, and any moves trying to break the price below $1 have been discarded by the bulls, who have supported XRP at this very important level through and through.
The price action for XRP has been very quiet for some time now, and by the looks of on-chain data, it seems that a price breakout is imminent and might follow the crypto sooner than later. XRP is a very promising cryptocurrency that promises little to no volatility as other crypto variants out there. It is true that the value of XRP has not moved so much this year, but the time has come for the crypto to shine and take a strong position among the rest of the market.
XRP Is Ready To Make A Strong Price Rally
The lack of value or saturated performance of XRP might be due to the ongoing lawsuit of this crypto with the Securities and Exchange Commission in the US. There has been no positive outcome for the case as of now, and it is believed that the courts will definitely settle the whole thing sooner than later, allowing XRP to continue its operation and expansion within the United States. The latest prediction suggests that if XRP makes small moves from $1 to higher fronts, then the volatility factor might remain negligible and won’t meddle with the overall approach of taking another all-time high by Ripple.
At the end of the day, it is the crypto market that we are talking about, and the chances are that this price rally might die down before it even begins but then again, XRP is not known for any major breakthroughs throughout its course.
Crypto Comeback Pro is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. (Ad)
