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Is XRP Ready to Return to the Stage: If This Happens, 25% Rally Is Coming!

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XRPWhile , has attracted the attention of investors with its recent price fluctuations, it may be opening the door to a new rise. October was entered with great hopes, but sharp declines in the crypto market pulled XRP back to the level of $ 0.53. Interestingly enough, this level was last touched at the beginning of September, a month ago. At that time, XRP had been in a downward trend since mid-August, and after hitting the bottom at this level, it quickly recovered and increased by over 25%.

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One of the most important developments that triggered that rise was the news that Grayscale would launch its investment product for XRP. On the technical side, positive chart signals and golden intersection were the factors that supported the rise of this large-cap cryptocurrency. altcoinWith these developments, it had gained momentum at a level that could compete even with smaller and faster moving meme tokens.

Now, a similar scenario may be happening again. The altcoin, which lost more than 13% in value in the first days of October, found a bottom at the same point and entered the accumulation phase. This situation increases the expectations that a strong upward movement like in September may take place again.

xrp price prediction

If this prediction turns out to be true, it will not be surprising to see exciting news and important announcements surrounding XRP again. crypto world, altcoinHe may be getting ready to watch ‘s take the stage once again.

This content Is XRP Ready to Return to the Stage: If This Happens, 25% Rally Is Coming! was first published on KoinFinans.

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