đCryptoPotato Analysis:
Ripple (XRP) Price Rally Incoming in December? This Analyst Comments
Could XRPâs price go on another offensive by the end of 2023? This is a question that numerous cryptocurrency proponents have been asking and is among the trendiest topics in the community.
One analyst who believes that such an uptrend might be in the cards is the X (Twitter) user EGRAG CRYPTO. They presented a chart according to which XRP might finish the year at above $0.71, representing a 15% increase from its current valuation.
However, the analyst warned that the assetâs price might plunge below the certain resistance level of $0.55 (known as the âBerlin wallâ) before ascending to the aforementioned peak.
Previously, EGRAG CRYPTO assumed that XRP could be on the verge of a âmega pumpâ that could lift its valuation to $0.85 in the following months.
The X (Twitter) user Dark Defender is another analyst who thinks that Rippleâs native token could head north in the near future. Recently, they suggested that the asset has formed âa cup & handle pattern in the daily time frame,â which might result in a price increase in the range of $1.05 to $1.88.
Ripple (XRP) Price Rally Incoming in December? This Analyst Comments
Could XRPâs price go on another offensive by the end of 2023? This is a question that numerous cryptocurrency proponents have been asking and is among the trendiest topics in the community.
One analyst who believes that such an uptrend might be in the cards is the X (Twitter) user EGRAG CRYPTO. They presented a chart according to which XRP might finish the year at above $0.71, representing a 15% increase from its current valuation.
However, the analyst warned that the assetâs price might plunge below the certain resistance level of $0.55 (known as the âBerlin wallâ) before ascending to the aforementioned peak.
Previously, EGRAG CRYPTO assumed that XRP could be on the verge of a âmega pumpâ that could lift its valuation to $0.85 in the following months.
The X (Twitter) user Dark Defender is another analyst who thinks that Rippleâs native token could head north in the near future. Recently, they suggested that the asset has formed âa cup & handle pattern in the daily time frame,â which might result in a price increase in the range of $1.05 to $1.88.
