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XRP Breaks $0.4 Mark, CEO Predicts Support at $0.395 and $0.35

Published 23/01/2023, 13:29
© Reuters. XRP Breaks $0.4 Mark, CEO Predicts Support at $0.395 and $0.35
XRP/USD
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  • The CEO of Eight Global tweeted “That worked out on $XRP”, indicating XRP crossing $0.4.

  • If $0.395 support fails to hold XRP, then $0.35 would be the next support to look for: Michael.

  • XRP fluctuates in a bearish rising wedge. It could hit resistance 1 if the bull pushes hard.

Chief Executive Officer and Founder of Eight Global Michael van de Poppe tweeted “That worked out on $XRP.” Although his preceding statement fails to explicitly explain what he meant, it could be assumed that he referred to XRP breaking the $0.4 mark.

Besides that, he fancies seeing a $0.395 hold as support for XRP. However, if that support level fails to hold XRP, then he predicts that the next support level that could hold XRP was $0.35.

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