- \n
- XRP price is slithering close to breaching the declining trend line and triggering a full-blown upswing.<\/strong><\/li>\n
- A decisive close above this hurdle will allow Ripple to revisit $0.956 and $1.030 levels.<\/strong><\/li>\n
- If the remittance token produces a lower low below $0.688, it will invalidate the bullish thesis.<\/strong><\/li>\n<\/ul>\n
XRP price is stuck in a downtrend for roughly a month but is slowly marching toward an inflection point<\/a>. A breakout from this hurdle could trigger a massive uptrend for the remittance token.<\/p>\n
XRP price resurgence likely<\/strong><\/h2>\n
XRP price has been stuck<\/a> under a declining resistance level for more than a month. So far, every attempt from the bulls has failed to breach this hurdle. However, the recent uptick in buying pressure seems to have propelled XRP price to retest this barrier.<\/p>\n
A decisive close above $0.900 will indicate a breakout from this ceiling and confirm the start of an uptrend. In this situation, XRP price will aim for a retest of the $0.950 hurdle. Clearing this area will open the path to revisit the $1.030 resistance level and collect liquidity resting above it.<\/p>\n
In total, this upswing for XRP price would indicate a 23% ascent from the current position – $0.828. While retesting $1.030 could be a short-term target, an increase in bullish momentum could allow XRP price to extend its climb to $1.100<\/a>, revealing a 33% gain.<\/p>\n
- A decisive close above this hurdle will allow Ripple to revisit $0.956 and $1.030 levels.<\/strong><\/li>\n
![\"XRP\/USDT](\"https:\/\/editorial.fxstreet.com\/miscelaneous\/XRPPERP_2021-12-16_09-43-03-637752273535555719.png\")
<\/a><\/p>\n