With XRP finally breaking out, a top market analyst has predicted its target for July and how high it can go before the end of the year.
XRP reclaimed $2.20 yesterday and rose as high as $2.32 for the first time since mid-June, as momentum shifted in its favor. A broader altcoin market recovery, coupled with bullish developments from the Ripple vs. SEC case, is a possible catalyst for this surge.
XRP Breaking Out
Meanwhile, analyst CasiTrades highlighted in a June 30 analysis that XRP is breaking out. XRP’s rally to $2.32 saw it defy a descending triangle on the hourly timeframe, rallying to the 0.618 Fibonacci extension before its slight retracement