Ripple targets $5.50 after crucial rebound

  • XRP price seems to be holding above a major support cluster.
  • As long as Ripple remains trading above $0.71, it could rebound to new all-time highs.
  • A head-and-shoulders pattern on the weekly chart suggests an incoming rally to $5.50.

XRP price looks poised to enter a 600% rally to new all-time highs. 

XRP price ready for higher highs

In the following video, FXStreet’s analysts evaluate where XRP price could be heading next as it holds above critical support.