Urgent Alert for Ripple's (XRP) Value Following a 30% Rise in a Month: Information

Ripple's cross-border token, XRP, has seen a remarkable 30% surge from its crash a month ago. However, a key technical metric suggests a potential correction. XRP is currently stuck between a crucial resistance and support line.

A month back, the crypto market took a nose dive amid escalating US Trade War tensions. Now the political climate has improved, with reports of a meeting between the US and China over tariffs. This has positively impacted cryptocurrency prices. Despite XRP's brief fall below $2, it has mostly stayed above that threshold.

Crypto analyst Ali Martinez warns that a sell signal from the TD Sequential on a 3-day scale indicates a possible correction. He also notes the importance of maintaining $2 as support, rather than resistance.