Crypto market analyst Ali predicts that
#Xrp🔥🔥 has a chance to reach $15.
Other market analysts are also expressing that this may happen in the form of indicators.
After falling below $2 on March 11,
#xrp ' price has rebounded. Currently, it is between $2.30 and $2.40.
Investors and market analysts are watching the possibility of a big swing in the price of XRP.
Especially since the dispute between the US Financial Market Commission and Ripple is nearing its end, it means that the market can be shaken.
#xrp is entering an important period for the market. A crypto market analyst known as Ali Martinez claims that XRP could reach a double-digit price.
He was talking about the triangle pattern that developed for 7 years from the time the price rose to $3.80 in 2018.
The price rose to $3.40 in January, but has fallen 25%. But XRP is still on a positive trend, similar to the pattern that occurred before the previous price rallies.
Additionally, #XRP's 280% rise in price after the US election in November was the biggest rally in the past 7 years.
#Ali Martinez believes that a major resistance break last year could be the start of a long-term rally.
Although the price fell slightly in March, XRP still has the potential to rise to $15 as long as it remains above key resistance.
Currently, XRP is testing the resistance of the triangle pattern on the graph. If it can hold above $1, Martinez sees a rally to $15.
But XRP's recovery depends on other factors as well.
The outcome of the dispute between Ripple and the SEC may affect the resale of XRP in the US market. Also, because the market fluctuates so quickly, the price cannot be stable.
Investors are keeping a close eye on XRP's movement. Currently, the price of XRP is $2.37, up 2% from last week. If we can break through the $3.40 key resistance, we can reach a higher target.
The prediction that XRP could reach $15 may be challenging, but the price remains on an uptrend and is reasonable
If the support is there, it is not far to reach a new high.