The aggregated crypto markets have been able to tepidly advance higher today after facing some levels of volatility earlier this week. XRP, which has now firmly gained a foothold in the lower-$0.40 region, is now slowly climbing into the mid-$0.40 region as Bitcoin nears the important $9,000 level.<\/p>\n
Analysts now concur that XRP is incurring strengthening technicals that may allow it to surge significantly higher in the near future.<\/p>\n
At the time of writing, XRP<\/a> is trading up over 2% at its current price of $0.44 and is only down slightly from its 24-hour lows of $0.426, which was set late yesterday.<\/p>\n While zooming out and looking at the crypto\u2019s price action over a one-week period, it is clear that the crypto has faced some significant levels of volatility in recent times.<\/p>\n Around this time last week, XRP was trading at roughly $0.38, from which point it rapidly surged to highs of $0.47. Although many investors were incredibly bullish at this time, XRP quickly reeled back down to lows of $0.41 after touching this price level, which coincided closely with Bitcoin\u2019s plunge<\/a> from $9,000 that sent it down to the lower $8,000 region.<\/p>\n Since this time, however, XRP has been able to recover from its recent lows, and it appears to have been gaining strength ever since.<\/p>\n The Cryptomist, a popular cryptocurrency analyst on Twitter, shared her thoughts on XRP in a recent tweet, explaining that she believes it may surge to highs of $0.51, so long as BTC doesn\u2019t incur any massive volatility.<\/p>\n \u201c$XRP: Once more we are testing resistance as reach the apex of the pennant. This looks good, I can only [see $BTC] volatility disrupting this from the first target mentioned few days ago, at 51 cents,\u201d she explained.<\/p><\/blockquote>\n $Xrp<\/a> <\/p>\n Once more we are testing resistance as reach the appex of the pennant Use SL loveys x https:\/\/t.co\/wERjHtp83I<\/a> pic.twitter.com\/zc2zKS84Zh<\/a><\/p>\n — The Cryptomist (@Thecryptomist) June 2, 2019<\/a><\/p><\/blockquote>\n\n
This looks good, I can only seeing $Btc<\/a> volatility disrupting this from the first target mentioned few days ago, at 51cents<\/p>\n