<p>Ripple’s XRP is a moving towards a major resistance level of $0.6044 as the cryptocurrency completes a long compression zone. Though in the recent past, had minor characteristic price swings, fundamentals signal a probable forthcoming large XRP price incline. If the bullish pressure extends, analysts are expecting an enormous upward breakout based on God Candle Backtest (GCBT) levels.</p><h2 id="header-0">GCBT Levels and Compression Pattern</h2><p>XRP as seen in the 4hr chart shared by analyst just completed two major God Candle Backtest at $0.4494 (GCBT 1) and $0.5194 (GCBT 2). These tests have extended the <a href="https://cryptotale.org/xrp-set-for-potential-breakout-analyst-predicts-a-big-move/" rel="noopener noreferrer nofollow">bullish sentiment</a> and the market now aims at a third GCBT at $0.5433.</p><p></p><p>XRP is currently testing a symmetrical triangle compression pattern for XRP, which is common before explosive moves. A narrowing triangle with higher lows and lower highs is formed, which means that a huge breakout might emerge soon. The target for the breakout is higher than the current $0.6044 resistance level, which is evident from the tightening and more pronounced trend lines.</p><h2 id="header-1">Technical Indicators Supporting a Bullish Move</h2><p>The RSI signal on the 4-hour chart has reached 47.37, still leaving room for further growth before overbought levels are reached. Despite the price ranging in a constricted area, the downtrend of the RSI indicates a bullish hidden divergence. What this means is that once volume picks up, we have a higher probability of an upward breakout.</p><p><a href="https://cryptotale.org/xrp-price-signals-bullish-move-with-key-backtests-complete/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p>

XRP Price Signals Bullish Move with Key Backtests Complete

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