Crypto community buys dip amidst geopolitical tensions, focusing on XRP accumulation.
Analysts predict a massive surge for XRP, urging the crypto community to stay steady.
Anticipation grows as XRP holders expect a surge post-dip, eyeing Bitcoin Halving event.
Amidst the recent crypto crash triggered by geopolitical tensions, the crypto community is showing resilience, with many traders seizing the opportunity to buy the dip and bolster their portfolios. Notably, XRP has emerged as a favored asset for accumulation, as highlighted by Doctor Profit, a prominent crypto and bitcoin analyst.
Adding some #XRP right here at this massive weekly trendline that is moving since March 2020 without a single breakdown. Will keep accumulating!Ignoring the noise and focussing at the chartAverage entry for XRP now: $0.38 pic.twitter.com/hfZKPINRZY
— Doctor Profit (@DrProfitCrypto) April 13, 2024
Revealing his continued accumulation of XRP, Doctor Profit emphasized confidence in the asset’s trajectory, citing a significant uptrend since March 2020 without a breakdown. He encourages traders not to succumb to FUD and stay focused.
Further boosting investor sentiment, renowned XRP chart analyst Ergag Crypto has predicted a massive surge for XRP, accentuated by recent market movements. Dubbed the “YOLO Band,” Ergag Crypto’s analysis indicates a bullish momentum, with the XRP community urged to remain steadfast in anticipation of significant gains.
#XRP Q1 Candle Closed (UPDATE):I will update the below chart on 2 weeks time frame. We accurately predicted the range that #XRP might trade within, and it has indeed hit our lower target! The next move could be between 1000% to 3000%! In these turbulent trading days, it… https://t.co/gvSGpVblUo pic.twitter.com/zVjwGBrcKO
— EGRAG CRYPTO (@egragcrypto) April 14, 2024
Ergag Crypto’s insights are corroborated by his assessment of XRP’s Q1 candle closure, wherein he forecasts a potential price surge ranging from 1000% to 3000%. With XRP’s price targets ranging between $10 to $22, investors are encouraged to brace themselves for an aggressive upward trajectory.
Amid speculation surrounding XRP’s future performance, particularly in the context of the upcoming Bitcoin Halving event, many XRP holders remain optimistic, believing that the recent dip signifies a floor price of $0.5 for the asset. As the crypto community awaits the unfolding of these events, anticipation mounts for what promises to be a pivotal phase in the crypto market’s journey.
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