Analyst Believes XRP Bullish Trend Remains Intact As XRP Producing Higher Lows

Amidst market turbulence, XRP’s strong rally shows no signs off abating as the asset continues to post increasingly higher lows. Accumulated demand at critical levels around $0.70 suggest bottom support throughout the many fluctuations, yet the trading volume challenges the long standing buyer support. Should dips beyond that key point take place, corresponding with declining exchange volume, bullish rally might face exhaustion and strong retracement towards $0.60 could commence. Crypto analyst Predycto notes that while the current conditions did not rise to the level of concern, investors should retain a careful vigilance in regards to market patterns going forward.

Robert Wilson author
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