XRP Analysis
Entry @ 1.58
Short Term Target $10
Mid Term Target $20
Long Term Target $100
*Chart Analysis*
XRP looks poised for gains in the near future as we are very bullish making higher highs and higher lows on the 4HR TF and on lower TFS. 4HR chart looks poised for another leg up to make a higher high.
*XRP NEWS*
XRP saw a jump of more than 40% in the last 7 days as the world’s 4th most valuable digital currency accelerated its price recovery. The cryptocurrency is currently trading above $1.6 with a market cap of more than $74 billion.
*IMPORTANT*
Pantera Capital is one of the biggest crypto funds, managing more than $700 million across 5 cryptocurrencies in two different venture funds. In order to be eligible for investing in this fund, you must have around $100,000, hence mostly the institutional investors or the ones with high net worth ends up investing. Pantera Capital has been around since 2013, so it has proved its worth and credibility in the market.
Pantera hold over 36 Billion dollars worth of XRP in their portfolio.
Consensus: XRP are one of those sleeping giants, still very undervalued in comparison to its previous all time highs. Making an entry
Entry @ 1.58
Short Term Target $10
Mid Term Target $20
Long Term Target $100
*Chart Analysis*
XRP looks poised for gains in the near future as we are very bullish making higher highs and higher lows on the 4HR TF and on lower TFS. 4HR chart looks poised for another leg up to make a higher high.
*XRP NEWS*
XRP saw a jump of more than 40% in the last 7 days as the world’s 4th most valuable digital currency accelerated its price recovery. The cryptocurrency is currently trading above $1.6 with a market cap of more than $74 billion.
*IMPORTANT*
Pantera Capital is one of the biggest crypto funds, managing more than $700 million across 5 cryptocurrencies in two different venture funds. In order to be eligible for investing in this fund, you must have around $100,000, hence mostly the institutional investors or the ones with high net worth ends up investing. Pantera Capital has been around since 2013, so it has proved its worth and credibility in the market.
Pantera hold over 36 Billion dollars worth of XRP in their portfolio.
Consensus: XRP are one of those sleeping giants, still very undervalued in comparison to its previous all time highs. Making an entry