XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance?
The post XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance? appeared on BitcoinEthereumNews.com. XRP is attempting a second breakout above the descending trendline after the first attempt failed in early July The 10-week ETF inflow streak is at risk with weekly flows at -$7.29M, pending Friday’s data A macro analyst flags an XRP accumulation pattern that previously preceded 1,000%+ rallies XRP trades at $1.1044 on July 10, up 1.08% and pressing against the descending trendline for the second time this month, with the chart labeling it “Another Breakout Attempt.” Is XRP’s Second Trendline Breakout Attempt More Convincing? XRP 1D Price Action (Source: TradingView) The daily chart shows XRP making a fresh push at the descending trendline that has capped every rally since May, with the chart annotating this move explicitly as another breakout attempt. The first try in early July cleared the line briefly before pulling back into the retest zone, whe