💥💥💥 Top Traders Predict Timeline for $XRP to Spike 2x to 5x
XRP holders are eagerly anticipating a bull run that could push the altcoin past $1. However, XRP has remained around the $0.50 mark for some time. A popular trader, known as the “#GOAT ” of crypto traders, shared insights on X, predicting that XRP could see a 2x to 5x increase once Bitcoin’s dominance declines. He suggests that now is an ideal time for investors to accumulate XRP.
#Bitcoin's dominance has been rising, but a dip could trigger an altcoin rally. The trader emphasized that XRP needs to close the week above $0.55, or it risks testing support at $0.40. XRP is currently trading at $0.5302, up 1.95% in the last 24 hours.
Technical analyst "Charting Guy" added that XRP’s growth depends on Bitcoin recapturing $73K. Until then, XRP is expected to range between $0.43 and $0.67. The Bollinger Bands on XRP’s monthly chart are tightening, signaling potential volatility: a close above $0.67 could spark a rally, while a close below $0.43 could lead to a steep decline.
Source - thecryptobasic.com
