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Credible Crypto Says XRP Is Ready To Take Out Next Resistance, Sets His Price Target


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According to Credible Crypto, a popular crypto analyst and trader, Ripple’s digital token XRP is set for another phase of its rally, which would lead to taking out the next major resistance.

The pseudonymous analyst told his teeming followers on Twitter that XRP against Bitcoin pair (XRP/BTC) is likely showcasing signs of forming a new market structure.

The top crypto trader further confirmed his thesis by looking at the weekly XRP/USD chart, forecasting a minor correction for XRP before embarking on an uptrend to $1, and then $1.6.

Credible Crypto tweeted:

“That is the strongest daily candle we have seen on XRP/BTC in 6 months. We have broken our falling wedge downtrend line and a key cluster of resistance. May have avoided the breakdown I was concerned about. Will get more confirmation in the coming days if this move is legit. $XRP

“Now that a couple of days have passed- this is what I would like to see (and expect) moving forward- as long as .70-.80 is held I expect continuation to the upside.”


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