Bold predictions for XRP price trends on January 7
Let's talk about XRP price predictions today. The point is that a technical indicator called "Supertrend" has turned red and given a buy signal, which is big news!
Imagine if XRP's daily closing price can stand at $2.48, it may soar 85% like a rocket to $4.54. This is not my nonsense, an expert posted a prediction on X (the old Twitter).
Do you remember the last time the Supertrend indicator turned red? XRP soared 470%! This time, although XRP seems a bit stable and not moving much, this indicator has turned red again and sent a buy signal.
Now, the price of XRP is hovering around $2.41, and it has only risen a little bit in the past 24 hours, 0.81%. However, the trading volume has increased by 10%, which shows that everyone is still paying attention to XRP.
Experts say that XRP is now consolidating in a range called a "bullish pennant pattern", with prices fluctuating between $2.37 and $2.46. If it breaks out of this range and closes at $2.48, it may start its soaring journey.
In addition, data from the on-chain analysis company Coinglass also shows that traders and long-term holders are becoming more and more interested in XRP. During the consolidation period, $38.02 million worth of XRP flowed out of the exchange, indicating that long-term holders are quietly hoarding.
Outflow means that these XRPs have gone from the exchange to the wallets of long-term holders, which may be a potential buying opportunity and upward momentum.
So, friends, if you are also interested in XRP, you have to keep an eye on it, maybe one day, it will bring you a big surprise!
For the next layout direction, I will lead everyone to target the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
