XRP on track to print a new weekly high if these price targets are breached
At the time of writing, XRP is trading at a spot price of $0.468, and while there are visible impediments in some of its core metrics including trading volume, the cryptocurrency might be on track to print a more defined growth trajectory moving forward.
Having been on a major sell-off streak for some time, XRP bulls might be energized to reboot their interest in the cryptocurrency, as will be showcased in growing accumulation before the end of the week. With the current outlook, XRP has two immediate price targets, and the first is the resistance level at $0.5, a level that it surpassed as its 30-day high. Should this target be breached, it might fuel major interest within the XRP community such that FOMO might set in, pushing even more people to go on an accumulation spree. If this projection occurs, it could help push the price toward the $0.6 level by mid-May.
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