-CasiTrades has identified several important price levels for potential buy-ins. It suggests keeping an eye on the 0.98 Fibonacci retracement level at the 0.382 monitoring level. The 0.88 level at 0.5 could be a good opportunity to enter the altcoin before the price returns to growth if it continu
es to fall.these retracement levels indicate that #xrp is currently in a typical consolidation phase after an important rally, offering investors the opportunity to enter the market before the next significant spike.
While the correction is expected to be temporary, it provides an important opportunity for those who have been hesitant to invest to do so at a more favorable price.
I'm back with some important news about #XRP! Wait for a pullback to a key level (ABC, W4) and let the market structure confirm the entry.
CasiTrades remains optimistic about the long-term potential of XRP, despite the expected decline. It believes that the altcoin could rise significantly once the market stabilizes and establishes a new level of support.
If market conditions are stable, the optimistic outlook will be indicated by XRP target prices in the range of 8 to 1-13.
analysts said that the long-term outlook has not changed.
Target8-target13 is not that far away, she added.
On the other hand, XRP has recently received legal support. In a lawsuit filed last Thursday, the Securities and Exchange Commission of 18 U. S. states accused the SEC of excessive interference in the #cryptocurrency space.
Although XRP was never directly mentioned in the lawsuit, the case could help create a more favorable regulatory environment for cryptoassets, which is likely to benefit #Ripple and XRP.
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