XRP seems to have seen a pretty good start to this September’s trading session.
The positive price movement of XRP can be seen producing a 22% jump reaching the latest high of $ 1.39 ending yesterday’s trading session.
Some of the latest positive developments that are expected to help XRP’s surge, among them is the news that Japan’s leading e-commerce platform ‘Rakuten’ is expected to re-launch XRP trading on September 8, 2021.
Japanese "Amazon" Rakuten Will #RelistXRP And Resume #XRP Tradinghttps: //t.co/suCkKUIPxU
- XRPcryptowolf (@XRPcryptowolf) September 2, 2021
Looking at the XRP/USDT chart, it seems that XRP is gaining the attention of investors after breaking the $ 1 resistance level.
If the $ 1.40 resistance zone is successfully broken, the next target to be tested is around the $ 1.5 level where that level is likely to be the determinant for XRP to jump more aggressively to higher levels.
However, if the XRP remains in a bearish pattern, the $ 1.30 RBS (resistance become support) zone will be tested first to either make a rebound or continue the decline to a lower level.
At the time of writing, XRP is trading around $ 1.30 with a trading volume of over $ 7.8 billion.
