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Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a monthly scale. It currently trades at around $0.51 (per CoinGecko’s data), representing a 4% decline for that period. Numerous market observers, though, believe an XRP bull run is incoming. One of those is the X user EGRAG CRYPTO who claimed the asset’s price chart has been following a so-called “bitfrost bridge” in the past years. Continuing that trend would lead to a price rally to as high as $0.90, the analysis suggests. Dark Defender also gave their two cents. The analyst maintained that XRP’s daily indicators are oversold, while the daily trend is bullish. The trader still thinks that a major pump could occur if the price surpasses the important resistance levels of $0.5286, $0.6044, and $0.6649.
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