It drops a lot....I go into the red if it drops a lot more

How could Ripple ($XRP ), one of the most notable altcoins of 2024, perform by the end of the year?
Trump's victory in the US presidential elections and the resignation of SEC Chairman Garry Gensler led to a bull run among crypto people. Gensler's resignation also saw an increase in the decline in the XRP price. #XRP , which has increased by over 400 percent since November, has become one of the most popular names in the crypto sector.
AMBCrypto has captured the course of XRP. In the prepared price analysis, the performance that the popular altcoin could exhibit until 2024 was mentioned. It was stated in the analysis that the possibility of a sale of $ 8 was also included.
XRP price analysis
According to AMBCrypto's analysis, it is stated that the XRP price may target $ 8 in the coming days.
The 5 percent loss in value in the last 24 hours was predicted to continue the rise of XRP. In the price analysis, the possibility of the trend continuing in the direction was mentioned even though the selling pressure increased.
AMBCrypto, who argued that the XRP price is still offered cheaper, noted the following in his system;
“XRP is still being watched and is moving below. The analysis shows that the price may soon continue the bull rally.”
Crypto analyst Ali Martinez also predicts an increase for XRP. Martinez stated that XRP is below and that the uptrend target has increased to $ 8.4. The analyst pointed to the $ 48 region as the ultimate target for XRP.
According to Martinez, XRP will need to gather strength from the $ 1.7 support in possible declines. If this support is also lost, the price will test the support performance at $ 0.85.
AMBCrypto stated that XRP is technically indicating a potential recovery and that the increase will continue if the correction is interrupted.
The following statements were included in the analysis;
“Chaikin Money Flow (CMF) gave an upward signal. The positive signal on the indicators shows that buying pressure is increasing and the market’s appetite is increasing.”
AMBCrypto argued that XRP should break above $2.7 in a possible recovery rally.
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