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XRP, the seventh-largest cryptocurrency by market capitalization, is on a bullish path as the altcoin has broken out of a significant pattern and aims higher. As shared by prominent analyst JackTheRippler on social media platform X (previously known as Twitter), the altcoin could soon reach the $0.70 price level in the short term, and even potentially hit $1.00 after breaking out of a triangle pattern.
It is also important to note that XRP can go as high as $1 as per JackTheRippler after the altcoin broke out of a triangle pattern and the bullish price surge can be expected. As reported earlier, Ripple, the firm responsible for the XRP token, won a crucial battle against the Securities and Exchange Commission (SEC), pushing the cryptocurrency up by 18%.
#XRP is looking really good right now. It just broke out of a triangle pattern!
— JackTheRippler © (@Ripp…
Next target $0.70 – $1pic.twitter.com/FdSGQmwKrH
The post XRP to Turn Bullish as SEC Lawsuit Bodes Well for the Broader Sector appeared first on Coin Edition.
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