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Analysts Expect XRP to Crash Lower as It Reaches “Do or Die” Level

www.newsbtc.com

Despite its apparent stability and slight strength around its current price levels, analysts are noting that the token has reached a “now or never” turning point that could determine its mid-term fate. Analyst: It’s “Now or Never” for XRP as the Token Replicates Bullish Technical Pattern  At the time of writing, XRP is trading down marginally at its current price of $0.0198.

Trader: The Token Could Decline by 50% Against Bitcoin Before Finding Strong Support Another analyst recently offered an outlook suggesting that XRP is unlikely to see any intense upwards momentum anytime soon. While looking at the above chart, it does appear that XRP could decline by 50% against Bitcoin in the weeks ahead, but this could be just what it needs to spark its next massive rally.

Read in Full: www.newsbtc.com
Bitcoin BTC
$ 63628.2
Bitcoin XRP
$ 0.5214

Timeline of Bitcoin, Xrp

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Bitcoin Bitcoin
63632.4000 -0.74%
Ethereum Ethereum
3117.02000 -1.17%
BNB BNB
599.623000 -2.18%
Solana Solana
142.416000 -3.40%
XRP XRP
0.52192900 -0.76%