The bullish channel that has formed is especially important, given the fact that bulls have already established strong support. From here, it is more likely that the XRP price would move to test resistance levels at the upper ends rather than suffer a decline to retest support levels.
If the bullish continuation is confirmed, the XRP price is expected to keep rising from here. An at least 10% move for a start as a trend resumption is confirmed is likely. As the uptrend continues, the altcoin’s price is expected to move toward its peaks from January.
