XRP is gaining momentum, showing strength in the crypto market with a bullish breakout on Jan. 11, reaching $2.60 before stabilizing above $2.45. Now the third-largest cryptocurrency with a $141 billion market cap, XRP is set for a potential rally.
The XRP/BTC pair is approaching a key bullish close above a 4-year resistance level, tested multiple times since May 2021. This move could pave the way for XRP to reclaim its all-time high of $3.40 from 2018.
Crypto trader CRYPTOWZRD predicts that XRP has flipped key resistance into support, setting the stage for a rally to $4 and possibly $8 in the long term.
Source: Cointelegraph
