XRP Shows Signs of Bottoming as Analysts Watch for Serious Upside

XRP Shows Signs of Bottoming as Analysts Watch for Serious Upside
HeadlinesNewsXRP Shows Signs of Bottoming as Analysts Watch for Serious Upside

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XRP Shows Signs of Bottoming as Analysts Watch for Serious Upside

NewsBTC1 week ago
Published on November 20, 2020 02:00 GMT+0edited on November 20, 2020 02:08 GMT+0

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The recent rally across the aggregated crypto market has been so strong that even XRP – the embattled token closely associated with Ripple – has been able to rally.

The entire market is showing some signs of strength at the moment, with Bitcoin looking strong as it attempts to move past $18,000, with most major altcoins also flash major signs of strength.

Where XRP trends next will likely depend entirely on whether or not BTC and the other major altcoins can all maintain their upwards trajectories, as any swift downturn would create shockwaves spanning throughout the entire market.

One analyst is now noting that there’s a strong possibility that further upside is imminent in the near-term, as the cryptocurrency just bounced at a previous resistance level, confirming …