Market analyst King Solomon has pointed out a crucial monthly close for XRP that could potentially lead to a significant price increase. This observation comes in the wake of XRP consolidating after witnessing a notable price rally last week.
The cryptocurrency saw a substantial leap in its price, moving from $0.55, indicating a bullish sentiment among traders and investors.
The analysis suggests that if XRP maintains or closes above the identified level, this could trigger a new wave of buying and further price surge.
