on XRP worked too fast.) We expected growth to $0.46-0.48, but not so fast. In fact. In a few days, the price of XRP has risen by almost 200%. Buyers managed to get out of the trend line, which sellers have held firmly since November 24. Trading volume in the XRP market ranks 2nd among all crypto projects, surpassing even As long as the crypto market is standing still the potential for XRPUSDT to continue is there.
The main condition is to keep the range $0.46-0.48. a successful test of this range will open the way for buyers to $0.78.
The global target is $1.76. However, let's see if there will be enough volume in market participants for such serious purposes. ____________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Comment
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On the XRPBTC chart, sellers correct the growth wave by 78.2%. If buyers keep the marked range, we will expect further growth in the price of XRP.
@P_S_trade, It is quite possible to see such a reversal in price!
P_S_trade
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@atanasgaydarov, Unfortunately buyers did not keep the range of $0.46-0.48. However, the price stopped at the limit. There is still a chance that XRP prices will continue to rise. However, be prepared to close below 0.337
atanasgaydarov
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@P_S_trade, I think we need to focus our analysis on his bitcoin trading, because he determines the real price with a tether ... And yet we need to know what happens to the "king" to know where the price goes at xrp ...
P_S_trade
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@atanasgaydarov, Of course. However, while the king is in consolidation other coins may be independent for some time.
mablack15
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Wow it shot straight down
P_S_trade
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@mablack15, So. Slightly lower than we expected. Apparently many buyers bought a ripple with big leverage
JD-007
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Its dumped! so what's next now? Can we retest 0.75 Again?
P_S_trade
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@JD-007, This will be possible if buyers regain control of the range of 0.46-0.48