XRP is approaching a critical resistance level against Bitcoin, which has historically triggered significant rallies. According to a chart shared by Bird_XRPL, XRP has consistently surged after breaking this key price level, as seen in 2021 and 2024. The cryptocurrency is currently testing this resistance, suggesting a potential for another breakout.
The chart also highlights a second resistance level, which, when surpassed, has led XRP into price discovery phases, notably in 2014 and 2017. As XRP nears the first resistance, traders are closely watching for a possible rally that could lead to substantial gains relative to Bitcoin.
XRP Nears Key Resistance, Poised for Potential Breakout Against Bitcoin
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