Bullish Signals Emerge for XRP, But Can the Momentum Hold?

• Crypto analysts Leb Crypto and Hov are bullish on XRP’s potential.
• Recent market activity and technical indicators suggest XRP may be poised for further growth.
• A potential retracement to $0.47 could be a crucial test for the bullish trend.

Crypto analysts are predicting a bullish future for XRP, citing recent market activity and technical indicators as signs of potential gains in the coming months. Crypto analysts Leb Crypto and Hov have both shared optimistic assessments, highlighting key price levels and patterns that suggest XRP may be poised for further growth.

After further analysis on HTFs, this actually may just be the year. $XRP

not without huge shakeouts along the way, leaving the vast majority on the sidelines, including hard core xrp hodlers.

I'm a swing and positional trader. I see big opportunity now.

I've been scaling in… pic.twitter.com/rIWsHb4Dg8

— LE₿ C®️YPTO (@leb_crypto) July 22, 2024

Leb Crypto’s analysis of XRP/USD on the Bitstamp exchange from 2014 to mid-2024 reveals a notable breakout above the point of control (POC) at $0.60954. The monthly price chart illustrates a range low of approximately $0.17552, a POC around $0.609…

The post Bullish Signals Emerge for XRP, But Can the Momentum Hold? appeared first on Coin Edition.