XRPIn the market valuation, with the recent attack of . cardano and witherwhich also increases the interest of analysts and investors in crypto money.
XRP price has gained 43.16% in the past week. The popular cryptocurrency is currently trading at $ 0.86.
The famous crypto analyst CredibleCrypto, on the other hand, seems to have concluded its wait 2 days ago positively. To be remembered, the analyst said in his assessment on February 8, “This is the strongest daily candle we have seen in XRP/BTC in 6 months. We broke our falling wedge downtrend line and a key cluster of resistance. If it continues like this, there may be a serious rise,” he said.
In his last post on the subject, the analyst
Now that a few days have passed – this is what I would like (and expect) to see progress – I expect to continue on the upside as long as 0.70-0.80 is held.
used the phrases.
Stating that the XRP price action broke the downtrend upwards, the analyst is waiting for new rises. On the other hand, other market analysts predict that XRP may soon see the price of $1.
Ripple Executives Believe 2022 Will Be A Big Year
Ripple remains bullish for XRP and the crypto market. Despite the difficulties and uncertainties posed by the SEC lawsuit, Ripple executives remain optimistic about the crypto industry, and XRP in particular. In a new report published by the company, it was emphasized that Ripple will grow further in 2022. Regulatory clarity, NFTs, greater interaction between different Blockchains, and rapid growth in crypto payments are the reasons why the company thinks so.