One of the known analysts of the crypto money industry and often making a sound with XRP predictions. CrediBULL crypto, Again, he made a prediction that was expected of him.
The analyst believes that XRP, once one of the largest cryptocurrencies, can recover despite the wound from the lawsuit.
There Is Hope For XRP
The rise of the leading cryptocurrency Bitcoin above $ 66,000 gave hope to all altcoin investors, and it is thought that a serious altcoin rally will begin after BTC’s horizontal course.
Emphasizing this, the analyst stated that Bitcoin will enter into consolidation and altcoins will rise in the continuation.
In the chart he published on October 19, the analyst actually spoke positively for XRP before the rise of Bitcoin even started.
In his further statements, the analyst emphasized that it is possible for XRP to exceed $ 10.
Stating that the all-time record $3.30 will be exceeded during the rise and the real storm will begin from here, the analyst pointed to $20 or $30 in the long term.
If these two structures look similar, it’s because they are. Almost mirror images, except the current consolidaiton is a larger, longer consolidation structure.
1. Consolidation precedes expansion
2. The greater the consolidation, the larger the expansion that follows$XRP pic.twitter.com/XvaWXxqNjp— CrediBULL Crypto (@CredibleCrypto) October 19, 2021
XRP price is currently trading at the level of $ 1.15, and although XRP has exceeded $ 1, it seems that it has not reached the expected point.
XRP, which has increased by 3% in the last 24 hours, is also in the top 10.
Even a negative outcome of XRP’s ongoing securities lawsuit could definitely make things move faster for XRP.
Ripple appears to be focusing on the Asian market as Plan B, and even if the case is lost, there is hope for XRP.