After a 52% jump in valuation over a week, one XRP (CRYPTO: XRP) analyst says the token could extend its sharp rebound toward $2 if bulls defend a key support zone.
Will XRP Bulls Defend a Key Zone?
Cryptoinsightuk says XRP’s $1.36-$1.43 range is his first area of interest after the altcoin’s aggressive move off recent lows.
The trader noted that buyers have repeatedly defended the zone following XRP’s move to $1.70.
The detailed X post on Monday highlighted that subsequent retests have also held, potentially establishing a series of higher lows.
