🚨 XRP STARTS SEPTEMBER WITH AN IMPORTANT ALERT
XRP is nearing a decisive region, as a movement of 1 billion XRP has just caught the market’s attention.
The question now is: will this turn into selling pressure or fuel for a new rally?
• 🐋 Ripple released 1 billion XRP from escrow on September 1st
• 📉 XRP is in the US$ 1.36–1.37 range
• 🎯 US$ 1.55 appears as an important resistance
• 🚀 A breakout from this area could open the way to US$ 1.68
• ⚠️ If it loses US$ 1.35, the market may target lower regions
The detail is that an unlock does not necessarily mean that 1 billion XRP will be sold. Much of it usually returns to escrow.
Now comes the interesting part:
Will XRP break above US$ 1.55 in September, or will we still see a correction before the next push? 👀
#Altcoins! $XRP
XRP is nearing a decisive region, as a movement of 1 billion XRP has just caught the market’s attention.
The question now is: will this turn into selling pressure or fuel for a new rally?
• 🐋 Ripple released 1 billion XRP from escrow on September 1st
• 📉 XRP is in the US$ 1.36–1.37 range
• 🎯 US$ 1.55 appears as an important resistance
• 🚀 A breakout from this area could open the way to US$ 1.68
• ⚠️ If it loses US$ 1.35, the market may target lower regions
The detail is that an unlock does not necessarily mean that 1 billion XRP will be sold. Much of it usually returns to escrow.
Now comes the interesting part:
Will XRP break above US$ 1.55 in September, or will we still see a correction before the next push? 👀
#Altcoins! $XRP
