💵 XRP value is on track to surpass its yearly high of $0.64 if the positive momentum continues. The cryptocurrency saw a rally to reach a local high of $0.62 on Thursday🚀, before correcting to $0.59 on Friday.

Currently, XRP is following an uptrend that started in early February 2024.

After recently breaking above the $0.60 resistance, the cryptocurrency is likely to reach $0.64 and approach the November 2023 high of $0.75.

Technical indicators such as the green bars of the MACD and the Awesome Oscillator (AO) support the XRP price rises.

However, it is important to note that a daily close below the 61.8% Fibonacci retracement from the 2024 high ($0.581) could invalidate the bullish outlook for XRP. In case of a deeper correction, the price could find support at the 50% retracement level ($0.563).

#XRPPricePrediction #XRPSurge #XRPEscrow #XRPWhaleAccumulation #bullrun2024!