Ripple XRP Set For $3.50 Breakout, Here's When
After a brief dip below $3 on Wednesday, the Ripple XRP cryptocurrency is set for a rebound and breakout above $3.50, per one analyst. The asset has been steady at the $3 mark or just above it in the last 30 days, up 30% in that period. After Trump slapped India and Brazil with 25% and 50% tariffs, respectively, the markets remain in muddy waters. Dow Jones is down nearly 600 points since then, while the Nasdaq Composite dipped by 225 points. In addition, the S&P 500 index has shed nearly 85 points, and the downturn persists. All of these pushed XRP below the $3 mark, but the asset is showing resilience and is back at $3.02. In addition, with XRP ETF momentum building up, the token is now forging a new trajectory, aiming for high price levels and shifts in the meantime. One analyst reveals that with its recent resilience at $3, XRP to $3.50 could come soon. “XRP is stabilizing after a pullback from the recent surge, with consolidation forming near the psychological 3.00 level,...