news 
XRP Poised for Bullish Move: Key Levels Could Trigger Rally
Ripple’s XRP has been making headlines lately with its impressive 110.63% gain in the last month, and it looks like the altcoin is poised to continue its upward momentum. As of press time, the price of XRP hovers above $2.38, putting it at a critical juncture where key levels could trigger a rally.
According to Crypto Tony’s tweet on Monday, XRP still needs to complete the fifth wave of the Elliott Wave pattern, indicating that there is still room for growth. The analyst believes this last wave will push the price even higher once completed. This comes as no surprise given XRP’s impressive 281% year-to-date return, making it one of the best-performing altcoins in 2024.
As the cryptocurrency approaches key resistance levels, many investors are wondering if we’ll see a short-term pullback or continued rally. One thing is certain: the price action of XRP will dictate whether it sustains its upward trend.
Source: cryptotale.org
