To begin with, we are traders, not fans of crypto projects. For us, each crypt is another tool on which we want to increase our assets.
XRP is a specific coin that, with its growth in 2017, has created a whole cult of ardent fans called: "$10 Ripple". It's been 4 years now, and XRP still can't get to the ATH mark around $3.30, which was set in early 2018.
But can it still be done in the coming months?
Let's take a look at the XRPUSDT chart globally
The fall on 19.05.2021 stopped in the zone of $0.75-0.85 depending on the crypto exchange - this is a strong mirror level. At the same time, a large wedge can be drawn, within which the XRPUSD price is clearly moving, and buyers stopped the falls again at the lower border of the wedge.
In turn, the last two months, sellers were selling XRP around the level of $1.80 and the price was unable to gain a foothold above this level.
Based on the above data, we get a task with the following input: - Buyers will try to raise the price of XRPUSDT again to the level of $1.75-1.80 - Sellers will again protect him, which is logical) + Winner Get All)
If the XRPUSDT price manages to gain a foothold above $1.80, and then retest this level for strength, then the path will open for growth to the desired maximum around $3.30. Moreover, Ripple can move on an individual trajectory without looking too much towards BTC.
If the assault on $1.80 for buyers turns out to be a failure, then there is no doubt that the $3.30 mark for XRP will be taken, but before that the XRPUSD price will fall by $0.40 to gain strength there for a new upward assault.
XRPBTC global chart is also interesting During the last 1.5 years there were 2 attempts and now there is a third one to break through the strong mirror level 0.00003800sat. up, but buyers fail yet. If buyers still succeed break upwards in this in the near future, then the next level from above is 0.00006000sat. Such a theoretical course of events can greatly help with the growth in the XRPUSDT pair. If the attempt to break upwards fails, then the XRPBTC pair will continue to trade in the lower division, and the price in the XRPUSD pair will go to recruit new investors at $0.40.
Let's discuss the possible future of the Ripple price in the comments.
In the crypt, the impossible does not happen, look at our top-15 ideas in recent months and their development, in which few people believed.
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