XRP prices recorded an overall 1.26% loss in the past week amidst a crypto market struggling to re-establish a bullish trajectory. After reaching a local price peak of $2.58 on May 15, XRP has witnessed an extensive correction forcing prices to around $2.06. Interestingly, prominent market expert with X username CasiTrade has shared a bullish prediction hinting at an upcoming price reversal.
At press time, XRP trades at $2.13 reflecting a 1.29% price loss in the past day. Meanwhile, the cryptocurrency also retains negative performances on larger time frames with a loss of 10.39% on the monthly chart respectively. In making any price gains, the market bulls must overcome the key resistance level at $2.37, a successful breakout beyond which would pave the way for a rally toward the $2.60 mark.
