BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

XRP Price Continues To Drop, May Exit The Top 10 Cryptocurrency List Soon!

The post XRP Price Continues To Drop, May Exit The Top 10 Cryptocurrency List Soon! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price is again dropping after a notable jump close to $52,000. This drop could have dragged most of the altcoins towards their support levels yet again. The XRP price also closes the previous day’s trade on a bearish note. Yet the beginning of the present-day trade was much hopeful with the formation of a ‘Doji-candle’. However, the price slash squashed the bullish trend for the day, paving way for new bottoms to visit. 



On the other hand, XRP price is testing some crucial level at the press time and hence could surge heavily if the trend line is cleared. One of the popular analysts , predicts the asset could undergo a remarkable jump of nearly 300% awaiting. 







As per the chart posted by the analyst, the XRP price is trending within the asymmetric triangle and testing the lower levels. And hence it’s mandatory for the asset to sustain above these levels and raise high in order to clear the upper resistance levels. Once the assets clear these resistance levels then a notable uptrend may be imminent. Interestingly, the analyst believes the initial target of the surge could be uplifting the price above $2 and later range high to test levels in between $2.8 to $3. 



However, some people appear to be frustrated with the narrow trend of the XRP price and believe the asset does not deserve to be in the top 10. Yet the asset needs to rebuild some bullish momentum in order to discover new highs. Else it may also revisit much lower levels may be below $1 too. Therefore, it is mandatory for the Ripple to sustain within the triangle and breakthrough towards the north. 

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ XRP Price Continues To Drop, May Exit The Top 10 Cryptocurrency List Soon!


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



SneakPeek Script
Setup, Upload and Go!