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XRP on the Verge of a 25% Rise on New Year’s Eve, Bollinger Bands Signal Bullish Bias
As we approach the end of the year, it seems like XRP is gearing up for an exciting conclusion. The recent surge in price has been met with considerable resistance at $0.65, but if this level is broken, it could result in a whopping 25% rise from the current price.
There is still a significant obstacle to overcome in the form of the median, currently situated at $2.275. Those who purchased XRP during the recent dip may take some profits here, which could lead to a temporary pullback. However, if this median is also breached, it would further solidify the bullish bias for XRP.
In this scenario, investors should be prepared for a rapid rise in price, potentially exceeding the expected 25% gain.
Source: u.today
