XRP Reaching $4.80 Possible With Key Support
XRP is hovering between the $2.90-$3 mark in August and remains trading sideways, struggling below its key support. After reaching an all-time high of $3.65, the altcoin headed south with sell-offs and profit bookings. Its price remains under pressure with traders fearing a major drop due to market uncertainties. It could either wipe out all its yearly gains or skyrocket in the charts, but its next course remains unknown. Source: X / CasiTrades Cryptocurrency analyst Casitrades took to X sharing a chart highlighting that XRP could reach the $4.80 level with key support. The analyst claims that the altcoin could fall to a low of $2.75 but remains above the wave 1 high around $2.65. The altcoin could bottom out at the $2.65 to $2.75 range and end its corrective wave phase. However, after the correction phase ends, Ripple’s native token has a strong chance of heading toward the $3.21 range. Also Read: Japan’s SBI Files XRP/Bitcoin ETF as 80% of Banks Adopt Ripple Tech Key Support Cou...