The recent rally across the aggregated crypto market has been so strong that even XRP – the embattled token closely associated with Ripple – has been able to rally.
The entire market is showing some signs of strength at the moment, with Bitcoin looking strong as it attempts to move past $18,000, with most major altcoins also flash major signs of strength.
Where XRP trends next will likely depend entirely on whether or not BTC and the other major altcoins can all maintain their upwards trajectories, as any swift downturn would create shockwaves spanning throughout the entire market.
One analyst is now noting that there’s a strong possibility that further upside is imminent in the near-term, as the cryptocurrency just bounced at a previous resistance level, confirming it as support.
Because this is a classic sign that upwards continuation is imminent, XRP could be on the cusp of seeing massive near-term upside.
One trader is even going so far as