Ripple, which achieved a victory against the SEC in mid-July, rose to $0.93.
XRP, which subsequently dropped to $0.42 during the general market decline in August, continues to trade at $0.616 at the time of writing.
While XRP investors are looking forward to a rise again, a bullish comment for XRP came from popular analyst Ali Martinez.
Stating that XRP has been moving in a descending channel for a long time, the analyst said that XRP has now exited this channel and XRP may be preparing for a potential explosion.
At this point, the analyst stated that XRP has exited its downward trend and stated that if XRP can continue its recent movement, $ 0.65-0.66 levels can be seen in the short term.
<blockquote>
 “XRP appears to be breaking out of a descending parallel channel, which could result in a rally for XRP to $0.65 – $0.66.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a> | <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> appears to be breaking out from a descending parallel channel, which may result in an upswing to $0.65 – $0.66 for <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a>. <a href="https://t.co/gvfeEMKIDX" rel="noopener noreferrer nofollow">pic.twitter.com/gvfeEMKIDX</a>
 — Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1727627940207206797?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 23, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bullish-comment-for-xrp-from-popular-analyst-the-target-is-this-level/" rel="noopener noreferrer nofollow">Bullish Comment for XRP from Popular Analyst! "The Target is This Level!"</a>

Bullish Comment for XRP from Popular Analyst! "The Target is This Level!"

Bitcoin Sistemi EN

Other articles published on Nov 23, 2023

Yearn Finance (YFI) Faces 43% Price Drop; Render (RNDR) and InQubeta (QUBE) Gain From AI Momentum

Does Fortnite Do Black Friday?

Hong Kong Stock Exchange Continues Altcoin Listings! Latest Listing Has Come for This Altcoin!

Altcoin That’s Up 200% in Three Months Could Push Up Even Further, Says Analytics Firm Santiment

Shiba Inu (SHIB) On-Chain Surge Hits 500% in Jaw-Dropping Two-Day Rally

Whale Transfers Over 43 Mln XRP Amid Price Surge, Rally To Continue?

Join our free newsletter for daily crypto updates!