XRP is preparing for a large movement that could go beyond Bitcoin. Brett Crypto recently shared that the Bollinger bands in Table XRP / BTC have tightened, which generally signals a break. Experts suggest that this decision could increase the XRP by more than 30% compared to bitcoin. The merchants are watching closely with the bullish signs.
It is a rare phenomenon, and not a regular event. In addition, the recent consolidation of XRP and its solid support levels make the break even more likely.
If XRP breaks the resistance to 0.00003079 BTC, it could arouse purchase pressure and cause recovery from the market. However, if she fails to break out, a sharp decline could follow.
According to CoinmarketCap data, XRP is currently negotiated at $ 2.15, down 1.65% in the last 24 hours. During the last day, its volume jumped from 26% to $ 1.97 billion, with more than $ 1.87 billion negotiated on the free market.
Previously, analyst Dark Defender had predicted that XRP would face resistance around $ 2.22 and $ 2.36 and, as expected, it fell to $ 2.13 yesterday. He thinks that XRP is approaching the end of its correction phase could soon start to increase.
XRP enters its 5th monthly wave, which should take place in 5 smaller sub-lands. He expects the initial wave to reach $ 3. In advance with waves 3 and wave 5, he has higher short -term goals of $ 4.4 and $ 6.3, with support at $ 1.88.
