Ripple(XRP) Analysis

Ripple(XRP) Analysis

By Jw1 | JW | 9 Dec 2020


Ripple(XRP) Analysis

 

Ripple (XRP) have struggled a lot from the staring of its launch, it have touched its all time high during the 2017 at the time when Bitcoin (BTC) was making crazy headlines around the globe. Ripple is trying hard to keep up with the environment of today's cryptocurrency market. Recent Upmoves in tge Ripple (XRP) are goid to see but as other altcoins are facing hard time, this crypto is also struggling to make its way to the top.

 

  • Ripple could play as a strong player in your portfolio if you are a long term investor or HODLer, it has the potential, its just that the time isn't in favour of Ripple (XRP) right now, but it will make its way out of the obstacles.

  •  
  • Ripple have shown its strong side by confidently moving and touching the mark of $0.64 this month.

  •  
  • As there is a slow time going in the altcoin market from a few days Ripple (XRP) is also showing its effects, it will sure retest its stronger support level at $0.47 and $0.45 which there was a need for.

  •  
  • As there have been a correction going on in Ripple (XRP) it doesn't mean it is a gone coin, it have potential and will surely be touching $0.9 in the coming few months. This bearishness is just a temporary phase as many other altcoins are suffering.

 

Have a great day ahead! 

Your Like & Tip motivates🙏


Jw1
Jw1

A Blockchain developer, been into the IT profession for years, Good market analyst, Been into cryptocurrency for 4 years. Would be delighted to share my knowledge with people.


JW
JW

Expert in Cryptocurrency and maket analysis. Contributing positively to people's knowledge & wealth.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.