XRP Makes Surprising 12% Jump, Here's Why

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XRP Makes Surprising 12% Jump, Here's Why
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XRP spikes by 12% to highest level in 3 weeks $XRP XRPArmy XRPHolders XRPCommunity RippleXRP

made a surprising jump on Nov. 4, rising from a low of $0.453 to reach a high of $0.507 at the time of writing. Bulls leveraged on the prior day's rebound from lows of $0.448 to propel XRP higher.

Since its move above the $0.51 mark on Oct. 14, XRP declined to enter into a range between $0.422 and $0.483, where it remained until this recent move. This provided an accumulation opportunity for holders leading up to the recent price spike.A continuation of the rise might target the $0.512 high reached on Oct. 14. If the bulls surmount this key level, the next target might be the $0.558 level. The daily RSI moving into positive levels around 60 might present an edge to buyers.

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