RippleThe rumor in the crypto arena is reaching new heights, following the recent victory in the SEC litigation that resulted in XRP being officially recognized as a non-security asset. XRP jumped from $0.47 to $0.72 in just two days.
So is this the end of the uptrend? It doesn’t seem so. Let’s take a closer look at what the future holds for XRP.
Buckle up for the rollercoaster
An intriguing prediction by market analyst Johnaldinioh is likely to spark even more excitement among investors. According to his analysis, he made predictions based on recurring historical patterns on XRP’s daily chart. by estimate cryptocurrency on a rollercoaster ride of several depreciation and pumping it could be.
If this pattern continues to play out for $xrp we have a dip to $0.52 followed by a pump to $4.30 . Dip to $1.60 .pump to $7.40 . Dip to $6 then pump to $18 . Then goblin town . Its been accurate as f so far let’s see if it continues . #xrp pic.twitter.com/KKLss9oSQX
NEWS CONTINUES BELOW— Irish red crypto. cspr🌞 👻👻👻👻 (@johnaldinioh89) July 14, 2023
John’s prediction starts with the value of XRP falling to $0.52. According to John, this downtrend comes after XRP fell from its high of $0.9380 on July 13. However, he suggests that this drop is the start of an exciting rally towards $4.30.
Summits on the Horizon
The analyst’s foresight does not end there. He predicts another valley in XRP’s journey as the price pulls back from the $4.30 high to $1.60. However, he says there will be a recovery up to $7.40 after this decline.
John’s analysis also suggests that another drop to $6 can be expected before a dramatic rise takes XRP to its all-time high of $18. The expert, while confident, emphasizes that this forecast is not a guarantee, but a projection based on historical models. It marks mid-September as the time frame for price movements.
Crypto Community Reacts
Reactions to John’s prediction range from optimistic acceptance to skeptical rejection. One user forecast sees it as an opportunity to increase profits and strengthen their XRP stash after the expected drop, while another describes it as an “absolute work of fiction.”
Despite differing opinions, Johnaldinioh stands by his prediction, reminding users that his analysis is a fractal rather than an indisputable fact – a reflection of historical data on current times.