What Does the Future of XRP Look Like at $0.60

Reporter

Posted: September 15, 2024 (19659004)

Source: XRP/USDT TradingView p > div >

XRP’s price trajectory was evident in Q3. Especially notable was both the partial legal success against the SEC and a robust recovery in July that culminated near the $0.6 supply threshold. span >
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The $0.6 price level is therefore vital, particularly during phases of upward price movement. span >
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As of now, this week’s rally is approaching that supply zone. span >
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If this pattern continues and further price rejections occur, XRP might fall back to $0.54. span >
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Should market conditions cool down ahead of the FOMC meeting, it may be advantageous to short XRP. span >

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