XRP Price Prediction: Ripple shows strength despite multiple

XRP Price Prediction: Ripple shows strength despite multiple overhead barriers


6/5/2021 8:09:54 AM GMT
XRP price shows strength as it bounces off a demand zone, expanding from $0.9482 to $0.985.
An 11% upswing will push it toward a critical supply zone, ranging from $1.094 to $1.183.
Clearing the said barrier, projects the possibility of a 36% bull rally to $1.613 for Ripple.
XRP price rally has met with obstacles in the past that have prevented it from heading higher. Despite the recent rejection at a supply zone, Ripple is taking another jab at it as it clears a crucial demand barrier.
XRP price vies a swing high
XRP price dropped 12% as the market tumbled yesterday. However, the buyers scooped up the asset at a discount and pushed Ripple up by 8%. A decisive close above $0.985 will trigger an 11% upswing to the lower limit of the supply zone extending from $1.094 to $1.183.

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