XRP May Soon Test Key Resistance Level as Crypto Markets Consolidate

XRP May Soon Test Key Resistance Level as Crypto Markets Consolidate

The ongoing bear market that was first sparked in early-2018 has been particularly impactful for XRP, in spite of a significant amount of positive news regarding the utility that has been created for the digital currency through Ripple’s various cross-border payment systems. In the near-term, XRP may see some relief however, as one analyst is noting that it is likely to once again target a key resistance level, with its reaction to this level possibly setting the tone for how it trends throughout the first part of 2019.