{"id":60360,"date":"2020-02-12T19:00:01","date_gmt":"2020-02-12T17:00:01","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=60360"},"modified":"2020-02-12T19:04:31","modified_gmt":"2020-02-12T17:04:31","slug":"xrp-explodes-30-cents-analysts-think-bigger-move","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrp-explodes-30-cents-analysts-think-bigger-move\/","title":{"rendered":"XRP Explodes to $0.30, and Analysts Think a Bigger Move is Coming"},"content":{"rendered":"

Over the past few hours, XRP<\/a> has begun to rocket higher, following in the path trailed by Ethereum \u2014 which is up over 100% in the past 60 days on the back of early-cycle buyers.<\/p>\n

The price of the third-largest cryptocurrency by market capitalization has started to flirt with $0.30 over the past few hours, trying to stabilize this key resistance. Unfortunately for bulls, XRP has yet to establish a base of support at $0.30, though analysts say a bigger surge is on the horizon.<\/p>\n

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XRP Could Soon Jump Dozens of Percent Higher, Analysts Predict<\/strong><\/h2>\n

Analyst Josh Olszewicz recently released an extensive video analysis<\/a>\u00a0on the XRP altcoin. After pointing out that the cryptocurrency has been a strict downtrend for the past few months, he pointed to a potential bull case.<\/p>\n

This being that if XRP manages to break above $0.30, which is where the exists historical resistance according to Volume Profiles and a downtrend trend line, the cryptocurrency could rally 66% to $0.50 in the months following this event.<\/p>\n