“New takeoff for XRP? Last July, Xrp broke its historical price records, exceeding $ 3.60. Although Ripple’s cryptocurrency has since been adjusted below $ 3, it seems that it has begun to grow again as the US Federal Reserve (Fed) has decided to reduce its key rates again. According to some analysts, it can lead to growth […]”, – WRITE: Businessua.com.ua
New takeoff for XRP? In July last year Xrp has broken their historical price records by exceeding $ 3.60 . Although cryptocurrency Ripple Since then, it has been adjusted below $ 3, it seems to start growing again as the US Federal Reserve ( Fed ) I decided to reduce her key rates again. According to some analysts, it can lead to an increase in xrp to $ 5 or even $ 15 !
The key points of this article:
- Xrp began to rise again after a recent decrease in the rate of federal reserve US system.
- Analysts believe that XRP can reach $ 5 or even $ 15 through the formation of a technical model of the Bull Flag.
In view of the fact that the Fed September 17 will restore the interest rates decrease cryptocurrency market seems to be ready restore your growing trend . And some projects such as Xrp may well get explosive Profit, according to some analysts.
This also applies to Crypto Pulse on X, which believes that the cryptocurrency Ripple “can Prepare for a new strong growth to $ 5 and above ”. Indeed looking at the daily graph of XRP relative to the US dollar (see below), the analyst sees the formation Bull flag which, in his opinion, is “a patent continuation that often announces about A new bull phase ”.
So, according to Crypto Pulse, if the XRP price is able to stay above the $ 2.75 zone, then ” breakthrough can open the way up to over $ 5 ”. Because for the XRP analyst, “it still seems bull.” At the time of writing the article of the cryptocurrency Ripple also increased by +3% in 24 hours (in connection with the above “Fed effect”) and is slightly higher $ 3,10 .
The price of XRP in US dollars. – Source: X @cryptopulse_cru
New ATT at $ 15 at this bull growth of Ripple cryptocurrency? Although $ 5 would already mean good +60% to the current XRP price, Cointelegraph analysts go still Further in his optimism . Indeed, considering this price structure for this digital asset in the form of a bull flag but this time in weekly scale, $ 5 will only be the first purpose before XRP potentially will grow up to over $ 15 !
“The price of XRP painted bull check boxes on a week schedule, which can lead to a strong increase of up to $ 15.”
Coyntelgraph
Analysis of prices of XRP prices in US dollars from Cointelegraph. – Source: cointelegraph.com
Ripple has survived a few particularly saturated years. In August last year, after a five -year legal struggle, her managed to win a lawsuit against the Securities and Exchanges Commission (SEC ). If, besides, In October next year will be approved by a simply ETF XRP ah Fed in addition to everything will reduce its key interest rates the first milestone of $ 5 will no longer seem so incredible.
Source: Journalducoin.com
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