Yahya 
The huge 35% price increase in XRP throughout previous week has excited crypto traders, who are already significantly speculating about a possible currency breakout.
Based on CoinMarketCap figures, XRP is selling for $0.60 instead of $0.43 on July 10 in accordance with a more general crypto market comeback. For those who follow cryptocurrency, this notable rise has sparked encouraging stories. “With XRP making an emergence this week, bullish stories have erupted” Santiment said in a July 16 post on XRP.
Several crypto analysts have made hopeful XRP future predictions. Pseudonymous crypto trader Crypto Michael saw on XRP’s price chart seven-year development of a bullish pennant formation; “In all my years of trading crypto, I have NEVER seen a 7 year long bull pennant.” Usually showing a promise for further increases, this pattern shows itself when the price moves within a triangle after a notable rise.
XRP has moved between a high of $0. 71 and a low of $0. 41 since January 1, therefore covering about 75%. Claiming confidently, “XRP is going to new ATH this cycle, and there’s nothing you can do about it, crypto expert Amonyx said. Based on CoinGecko statistics, XRP’s all-time high is $3.40 and achieved in January 2018.
Dark Defender, another crypto analyst, said that XRP’s next significant price target was only a 10% rise away. “We should not undervaluate the master fundamental level for XRP, which is $0.6649” he stated. Dark Defender projects “many God Candles” implying significant price fluctuations, at this level.
Beginning fresh holdings, XRP’s 35% price increase has mirrored increases in futures traders. Based on CoinGlass data over the last five days, Open Interest (OI) for Bitcoin has highest level in three months, rising 58% to $727.88 million. This rise in OI points to a rising investment activity and market confidence.
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