Home BlockchainAnalyst Who Predicted XRPs 600% Rally Forecasts The Bottom And A Target Of $10

Analyst Who Predicted XRPs 600% Rally Forecasts The Bottom And A Target Of $10

by NewsBTC
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XRP

XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside.

As the price continues to break below support levels, one analyst whose earlier outlook preceded a major XRP rally says the cryptocurrency may be approaching a bottom for another accumulation phase.

Analyst Points To A New Accumulation Phase

XRP’s recent…

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