Ripple XRP

XRP Crypto Price Prediction 2022 - How High Can Ripple Pump?

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XRP crypto has exponentially risen in price over the week soaring over 63% in value. The successful breakout has moved XRP up by one position and is now ranked #6 amongst other cryptocurrencies.

Will XRP continue to pump? XRP is available on eToro.Cryptoassets are highly volatile and unregulated. No consumer protection.

Tax on profits may apply.Zooming out on the XRP crypto price charts the recent pump has resulted in breaking through a critical level of resistance.

At the time of writing this article XRP is trading at $0.45 and just lost a key support level of $0.51. The below chart reflects XRP previously getting rejected at the yellow resistance trendline, however, on this particular occasion the bulls have been able to retest and imminently break though, pumping the price of XRP up to $0.55.Over the 105 days XRP had been trading within a consolidation pattern known as a horizontal channel and formed a giant double bottom bullish reversal pattern within it.As the bulls are getting more and more optimistic about a legal settlement with the SEC excitement is reflected in the price action.

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