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XRP (CRYPTO: XRP) is down 2.5% over the past day but could be setting up for a major catch-up rally, according to a prominent analyst.
XRP’s Key Price Target
In a June 1 podcast, analyst Cryptoinsightuk noted that based on prior consolidation zones and liquidity structures XRP could witness a potential move towards the $2.70-$2.80 region.
The thesis centers around XRP reclaiming prior consolidation ranges after sweeping liquidity below support.
He also pointed to heavy liquidity clusters sitting above current XRP price levels.
Cryptoinsightuk highlighted that XLM recently surged roughly 88% from its lows after a utility-driven announcement helped push the token above prior resistance zones on the weekly …
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