{"id":59689,"date":"2020-01-24T10:47:47","date_gmt":"2020-01-24T08:47:47","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=59689"},"modified":"2020-01-24T10:47:47","modified_gmt":"2020-01-24T08:47:47","slug":"xrp-key-resistance-support-bulls-push-price","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrp-key-resistance-support-bulls-push-price\/","title":{"rendered":"XRP Flips Key Resistance Into Support: Can Bulls Push Prices Higher?"},"content":{"rendered":"

XRP May Soon Explode Against Bitcoin, Analyses Show<\/strong><\/h2>\n

Over the past few weeks, all cryptocurrencies \u2014 from Bitcoin, Ethereum and XRP<\/a>\u00a0to Digibyte, Waves, and Electroneum \u2014 have surged higher, gaining dozens of percent apiece as buying pressure has washed over the cryptocurrency market.<\/p>\n

Altcoins have interestingly taken the front seat in this recent surge, seemingly denying a trend of Bitcoin-first price action over the past year.<\/p>\n

This market price action, per<\/a> CNN-featured cryptocurrency analyst Luke Martin, has allowed XRP’s pair against Bitcoin (XRP\/BTC) to retake a key support level, which it has sustained for five days in a row. This pivot purportedly is “bullish,” meaning Martin is “expecting outperformance.”<\/p>\n

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Daily view of $XRP<\/a> outlook for this month.<\/p>\n

You can see how this level has flipped from resistance to support in the last 5 days since the first tweet. pic.twitter.com\/hF7A68Svxa<\/a><\/p>\n

— Luke Martin (@VentureCoinist) January 22, 2020<\/a><\/p><\/blockquote>\n