
Analyst Tells XRP Holders to Lock In. Here’s why
XRP has recently seen a significant surge in value, rising by over 26% and currently trading at around $2.91. While some may be hesitant to join the rally, prominent analyst Cryptoinsightuk believes that holders should lock in their profits now. But why?
According to recent charts shared by the expert, XRP is approaching a pivotal resistance level of $3, which could dictate its short-term trajectory. The hourly chart reveals well-defined supply and demand zones, highlighting two specific areas that traders should keep an eye on.
As XRP consolidates within this tighter range, it’s possible that we’re witnessing the beginning of a larger breakout. In light of these technical signals, Cryptoinsightuk is urging holders to take profits now.
Source: timestabloid.com