Ripple XRP will soon turn bullish and rise by 60%

Ripple XRP will soon turn bullish and rise by 60%

Ripple XRP has been struggling against the USD as bearish pressure continues to mount.
Traders have been bearish on XRP and putting pressure on Ripple.
price analyst suggests that the price of XRP will soon turn bullish and rise by 60%.

Ripple XRP will soon turn bullish and rise by 60%

Ripple XRP is just like Bitcoin, Ethereum, and other cryptocurrencies in the market have been struggling on CoinMarketCap. However, Ripple XRP is currently the biggest loser among the top coins. At the time of writing, the price of Ripple was down by over 93% from its all-time high of about $3.84 in 2018. Despite all the developments and partnerships, Ripple has sealed successfully, the XRP token isn’t making much progress. As seen in our Ripple XRP news three days ago, the price of the token fell below its 2018 support levels causing major panic in the XRP community. However, a popular user of the ripple community has predicted a bull run for the token. Will this XRP price prediction occur? "Ripple XRP will soon turn bullish and rise by 60%"

According to Pentoshi, the price of XRP has hit historic support against the BTC which dates back to 2014. Pentoshi insists that it’s time to stop being bearish on Ripple and take a bullish stance. , who is Pentoshi one of the best Ripple XRP price analysts in the space, says that hitting this historic support level might invite a 60% surge in the price of XRP in the next few days. Right now, the Ripple XRP to USD pair is at the lowest unit of measurement which is 2500 satoshis.

At this point, Ripple is doing worse than it was during the 2018 crypto winter. As its lows are on an entirely different level. Pentoshi said;

 I’m ready to stop being bearish. Bias has changed. Notes on chart. Historical support level dating back to 2014 on Polo chart. Sellers losing momentum. Targeting 4k. Fireworks incoming 

The fact that Ripple is falling is discouraging because it is among the few altcoins that have real-world use cases. Thanks to the effort by Ripple, XRP is being used by more countries and major financial institutions. There have been allegations against Ripple by the community. Everyone believes that Ripple’s sale of tokens is directly responsible for the drop in price. However, if the Ripple price prediction by Pentoshi occurs, XRP bag holders will be celebrating soon. On the other hand, if the XRP price fails to hold the support, there is a strong chance that it will reach lower lows soon. This will drive the XRP price to 5-year lows.

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