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Key Levels to Monitor for XRP

Written By: ChartChamp

November 26, 2024

Recently we have seen old cryptos such as XRP and ADA start to regain bullish momentum. XRP has been relatively riskier because XRP didn’t see much upside last cycle. There has been 7 years of sideways price action, and XRP is starting to form a bullish breakout after recent legal victories against the SEC along with a pro-crypto U.S. government. I think XRP is likely to form a bullish retest of the yellow bull pennant around $1.07, and I have $1.95 and $3.32 as my two key resistance levels to monitor on the way up. XRP could reach new all time highs faster than other ALTS because the price has been suppressed in the last cycle so I believe XRP is more undervalued than most ALTS.

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