Analyst Says XRP Needs to Close Above $0.55 for Bullish Continuation
XRP is currently looking to reclaim the $0.60 price level for the first time this year, but the asset would need to close above $0.55 to have a chance. XRP continues to put up a fight against the bears, sternly defending the $0.41 support level, and recently breaking above the $0.50 territory for the first time in a month. As XRP looks to hit its next target, Egrag, a skilled analyst, has disclosed that the asset needs to close above $0.55 for bullish continuation. In his latest analysis, Egrag emphasized that XRP is currently following the “Yellow Track” which is one of three pre-set directions he highlighted in a previous report. Notably, by taking this route, the asset is poised to hit higher highs on the daily time frame as it seeks to reclaim the Fibonacci point at 1.0 which sits around the $0.55 price. # XRP Fib Channel: 26th of May 2023 ( Find the link to the post: https://t.co/OqtwraMqsQ ) I stated three tracks. So far #XRP is following The Yellow ...