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Why Analysts Think XRP Will Plunge At Least 40% Against Bitcoin

bitcoinist.com

Yet there remain analysts that believe XRP is unlikely to benefit from a rally in the altcoin market. XRP’s lack of positive fundamentals isn’t the only thing suggesting XRP will continue to fall against Bitcoin.

The trader that predicted Bitcoin would undergo a V-shaped reversal at $3,700 is also bearish on XRP. He said at the start of June that the altcoin was poised to drop 50% against Bitcoin due to its inability to hold crucial support levels: “I will trade XRP vs BTC when it shows strength.

Read in Full: bitcoinist.com
Bitcoin BTC
$ 63683.84
Bitcoin XRP
$ 0.5226

Timeline of Bitcoin, Xrp

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Bitcoin Bitcoin
63661.6000 -1.04%
Ethereum Ethereum
3120.40000 -1.02%
BNB BNB
599.520000 -2.21%
Solana Solana
142.108000 -4.18%
XRP XRP
0.52232200 -0.79%