RATE Group | Why an Analyst Is Certain XRP Price Will Fall to $0.15
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Why an Analyst Is Certain XRP Price Will Fall to $0.15

10 Jan Why an Analyst Is Certain XRP Price Will Fall to $0.15

Posted at 04:29h in Ethereum News by

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After six days of a strong uptrend, Bitcoin and other crypto assets finally slipped on Wednesday. The leading digital asset fell to $7,800, down 8% from its weekly high, while altcoins posted very similar losses. While the selling pressure has slowed at the moment, with BTC finding support at $7,800, leading other cryptocurrencies to stabilize, an analyst is certain that XRP is poised to fall 25% from current levels to the $0.15 range.

XRP Poised For 25% Collapse

Prominent cryptocurrency analyst Magic recently noted that he is looking to “buy XRP next around $0.15,” which is around 25% lower than the current price of $0.2054. He added that he’s looking towards this target because his analysis suggests “BTC and crypto remain in a bear market… despite the recent (and expected) relief rally, the bears still have control.”

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