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XRP Price Outlook: Can $XRP Reach $1 by July's End?
cryptocurrency3 years ago

XRP Price Outlook: Can $XRP Reach $1 by July's End?

The XRP price has experienced a sharp correction after reaching the $0.93 barrier, but it is currently consolidating within a bullish continuation pattern called a pennant. Traders are advised to wait for an upside breakout from the pattern's resistance trendline before taking a long position. If the breakout occurs, the XRP price could potentially reach the $1.08 mark before the end of July. However, a breakdown below the lower trendline would invalidate the bullish thesis.