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Bitsky

07/18 04:32

XRP Rockets Past $3.20 as Korbit Transfers Close t

XRP Rockets Past $3.20 as Korbit Transfers Close to 10M Coins in Mega Move36ffcf441cd247088bebffb6591605e1.webp

XRP has surged past the key resistance zone of $3.20 as its market momentum intensifies, with South Korea’s Korbit exchange transferring nearly 10 million XRP in a single bold move.

XRP Hits the Psychological Price of $3.25

As XRP rebounds from the neckline of a 7-year double bottom pattern, the 3rd-largest cryptocurrency continues to find the right footing after breaching the psychological prices of $3.0, $3.10, and $3.20.

As a result, XRP is trading at $3.27, representing a 33.7% weekly increase, according to CoinGecko data

Market analyst Amina Chattha had previously opined that an inverse head & shoulders breakout was igniting XRP’s bullish momentum persists. 

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