Xrppriceprediction
XRP pump is done WHAT NEXT? XRP enjoyed one day of PUPM and FAME and now is back close to the bottom. The situation is uncertain, and we need to wait. Price consolidation between $0.36961 and $0.3277 will show us the trend. If we stay above $0.36961, we can rise again. If we stay lower, we are grounded.
Where's The Top ? XRP/BTC #xrp $XRP #BitcoinHere we see our daily Xrp chart from Binance. Xrp is around 47 cents right now which is already amazing but how high can it go ? $1 seems within reach but as Xrp has already increased since it's recent dump it's hard to say how much more it can go right now . Will it take a breather ? I don't know because massive amounts of Xrp have been pouring into exchanges this weekend due to rumors that a massive pump will happen on Monday morning . I'd personally be extremely cautious of these pump rumors as there is no way to guarantee something with as large a circulating supply as Xrp will pump or not ( it's 45 billion circ supply . ) But then again we are in the year of the Meme coin - as evidenced by Doge coin recent massive pump fueled by Crypto Twitter ! Good to keep in mind that we could be repeating the pattern of the massive run that Xrp had in 2017 in which it went from 100 sats roughly up to over 22000 sats ! So over 220 x - over 200 times up ! That's amazing but are we going to see such huge numbers this time ? Perhaps those gains will be smaller in 2021 but I would definitely say DYOR - Do your own research . And be cautious , as this could dump just as well as pump .
XRP - The completion of 2nd wave in the range of 0.170The 2 / B wave has ended in the range of 0.1140 and the price was able to reach the range of 0.7900 with 5 ascending waves. Under the influence of market news for this currency, the price pushed down to the range of 0.1700. (Completed the 2nd Wave)
Currently, by having the price hitting the channel line, there is a scenario that wave 2 is over and wave 3 has been started. I am personally waiting for the targets of $ 8 to $ 13 for this currency in the 2021 year.
For this currency the first buy target range again is on 0.3468 price level, the aforementioned range have been concluded according to the Price Action rules, and also, the second buy area will be set after the end of the first 5 uptrend waves.
( 10Days Chart )
XRP is fight to Remain near supportThe money experience the break underneath the half lie retracement level of the last forward move from the low of $0.2352 and high of $0.261, around then the cash's worth was analyzing the significant help level of $0.2450 and hourly SMA of 100. In addition, 61.8% Fibonacci retracement level of the money last forward from the low of $2352 to a high of $0.2618 is offering the help to the cash.
The specialists are anticipating that the cash's worth is diminishing today and it is probably going to go beneath the key help level of $0.2450. They are likewise anticipating that it could further go down near the help level of $0.2350. There is a help level present at the estimation of $0.2420 and the 76.4% Fibonacci retracement level of the last above move from the low of $0.2352 to a high of $0.2618.
News Source: TheCoinRepublic