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Crypto | XRP | Price Levels and Price Action Analysis

Published: 14.07.2023
by Joseph Jeffriess

Today’s focus: XRP

Pattern – Breakout
Possible targets – .90 – 1.00
Support – .52 – .54
Resistance – .90 – .92

XRP soared on Thursday after Ripple Labs won a partial victory in their court case with the SEC. This is a big deal for the crypto industry, lifting the broader market. A judge ruled in favour of Ripple that they didn’t violate federal securities law when selling XRP tokens to the public.

Ripple jumped after this news hit the market and quickly hit .92 before pulling back. In today’s video, we run over the price levels and price action we are watching moving forward after this move.

XRP Analysis Video

Have a great day and good trading.

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