The XRP price has been one of the best altcoin performers over the last few months, going from below $0.6 to over $2.8 in this time period. Nevertheless, like the rest of the crypto market, the altcoin recently succumbed to bearish pressure, pushing it back toward $2. Despite this, the XRP price has continued to show strength, and recent developments on the altcoin’s chart show that the bullish momentum is far from over. XRP Price Shows Bullish Continuation So far, the XRP price has been ranging in a tight channel as bulls have maintained a tight hold on the $2 support. A crypto analyst on the TradingView platform points this out in a recent analysis that paints XRP in a bullish light despite the crash. Related Reading: Litecoin Sees 2M Bollinger Bands Tighten – What A Move Above $130 Will Mean For Price With the price retracement, $2 has been established as support, while the most notable resistance is now sitting below $3. Given the recent developments, the crypto analyst believes this is bullish for the XRP price. This is because the altc ..
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