RATE Group | Ripple Poised to Triple By Q4 2020 After XRP Forms Classic Bottom
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Ripple Poised to Triple By Q4 2020 After XRP Forms Classic Bottom

31 Mar Ripple Poised to Triple By Q4 2020 After XRP Forms Classic Bottom

Posted at 21:51h in Cryptocurrency News by

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XRP, the cryptocurrency asset often referred to as Ripple, has been among the worst-performing crypto assets and altcoins of the last two years.

However, according to one crypto analyst who has spotted what they believe is a classical bottom signature on XRP price charts, expects the asset’s woes to soon change and potentially triple in value before the end of the year.

XRP’s Recent Panic-Fueled Rollercoaster Ride

XRP has gained a negative reputation across the cryptocurrency community.

The number three crypto asset by market cap is often accused of being less decentralized that competition cryptocurrencies like Bitcoin and Ethereum, is demonized for its association and relationships with bankers, and has gained notoriety due to Ripple executives selling XRP holdings in order to fund operations.

Related Reading | XRP Triggers Major Buy Signal As Crypto Asset Reaches Pivot Point 

The constant selling of assets each time XRP price rose at all, was in part responsible for the…

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