Master Trader Ambitious: Ripple Is In Blast Mode! Going For $ 1.80
Coinputin.com – Ripple (XRP) overtook bitcoin’s earnings in a short time frame with its rise. This bullish strength in cryptocurrency followed a break in the trading range of $ 0.20 to $ 0.30. Ripple began its parabolic rise when it converted to $ 0.30 support. Ethereum and Ripple, along with Bitcoin, have seen significant declines over the past 24 hours. Bears have slid cryptocurrencies below all-time highs, causing the market to show some signs of weakness.
Altcoins like XRP may struggle to expand their momentum if Bitcoin remains stable, analysts say. A popular analyst, however, expects XRP to see some big gains in the near term. The analyst points to $ 1.80 in XRP as a potential near-term upward target. But the analyst notes that cryptocurrency may first find resistance around $ 1.12.
Livercoin: Ripple could make a bang towards $ 1.80
Yesterday was a crazy day for Bitcoin and the whole market. BTC bulls rallied after the market last week faced a heavy sell-off that sent BTC down to $ 16,400. The leading cryptocurrency climbed to an all-time high of $ 19,800 on many exchanges yesterday. The selling pressure here was quite intense and caused the whole market to turn down. The Bulls are trying to quell that selling pressure today.
Naturally, XRP was also affected by these price movements. At the time of writing, the cryptocurrency is trading in a downward direction with its current price of $ 0.62. This is where XRP has been trading for the last few days. Popular analyst Livercoin recently shared his thoughts on XRP’s current outlook. The analyst noted that cryptocurrency is firmly bullish on its short-and medium-term prospects. The analyst suggests that XRP could soon rise to $ 1.12, followed by a boom towards $ 1.80. Livercoin on said topic:
RIPPLE ANALYSIS: INITIAL TARGET ON XRP IS $ 1.12. THEN THERE COULD BE A BANG TOWARDS $ 1.80.