amazon_polly_160780

Mar 3, 2020 · 2m 52s
amazon_polly_160780
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XRP's price in the last week has been nothing but bearish. The price went from $0.269 to $0.222, a 17% drop in 4 days, followed by sideways price action. Although...

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XRP's price in the last week has been nothing but bearish. The price went from $0.269 to $0.222, a 17% drop in 4 days, followed by sideways price action. Although a 17% drop was on the extreme end of the spectrum and unlikely, it occurred.

As stated in a previous article,
"A drop of 5% would take XRP to $0.2574, 10% to $0.2460 and 15% would put XRP at $0.2317. A 15% drop is on the extreme end of the spectrum, so it is unlikely to happen."For now, the price is trading at $0.23 a small recovery after hitting $0.22. However, this surge looks unsure and hence there could be more of the sideways price action.

Due to the formation of a falling wedge, a bullish pattern, XRP's future, at least for a week, looks bullish.

There are two important levels that XRP will come to reach in the following week, $0.2460 and $0.2574.

source>>https://www.cryptoknowmics.com/news/xrps-brutal-bearish-regime-ends-price-to-soar-4-to-10-soon
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Author Alexane Johnson
Organization Alexane Johnson
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