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Can XRP Reach $8.76? A Look at Technical Analysis and Recent News
The XRP price has been making waves in the crypto market, with recent news suggesting a breakout is imminent. The question on everyone’s mind now is: can XRP reach $8.76?
To provide an answer to this inquiry, we’ll delve into technical analysis and examine current trends.
The Ripple community has already seen some significant action. The price of XRP broke out from the resistance level at $2.72 and has been pushing forward since then. This upward momentum is being fueled by a large whale purchase, further solidifying its stance above this pivotal level.
Upon closer inspection, we can see that other key indicators such as RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) also support the notion of higher prices ahead.
Source: bravenewcoin.com
