Can it Break the $10 Mark?
This article first appeared on GuruFocus.
With the Federal Reserve releasing clear signals of interest rate cuts, the crypto market is experiencing a long-awaited “Santa Claus rally.” XRP, as a representative of payment-related digital assets, is seeing its price movement become the focus of market attention. Although it has recently consolidated around $2, several technical analysts point out that XRP trading volume, holding addresses, and institutional wallet activity are all increasing simultaneously. Technical charts show that the price has formed a key bottom; if it breaks through the $2.7 resistance level, the next important psychological price level may be between $8.2 and $10. Analysts point out that the tail end of policy…
