Jim Cramer, the “Mad Money” host, is a welcome voice in crypto and blockchain discussions, but for a slightly different reason. For a long time, the hosts’ comments and insights on Bitcoin and the crypto industry have often been a source of buying or selling decisions for some.
However, Cramer’s effect on crypto, and in this case XRP, is the exact opposite: when Cramer talks about it, it’s a “sell signal” for most. And that’s precisely what one market analyst thinks about the potential catalyst that will push XRP’s price action.
According to crypto analyst EGRAG Crypto, if the host talks positively about XRP, it acts as his “sell signal.” The analyst added that his comment marks the asset’s top price, potentially ending its bullish run.
XRP Remains Solid, Consolidating At $1Although Bitcoin continues to dominate the markets as it tries to break the $100k mark, Ripple’s XRP is making its move. Days before the US elections, XRP’s price was in a sideways movement, ranging from $0.55 to $0.54.