Renowned financial author Robert Kiyosaki forecasts a massive market downturn, sparking widespread concern. However, amidst the anticipated chaos, some cryptocurrencies might emerge resilient. Speculation grows around XRP and ETH potentially bouncing back stronger. Curious about which digital coins could thrive post-crash? Dive into the details to uncover which assets are poised for a bullish recovery.
XRP on the Rise: Potential Gains Ahead for Crypto Enthusiasts
Source: tradingview
XRP is currently trading between three and almost four dollars. This indicates a promising uptrend. Over the past month, XRP has surged by almost 69%, showing strong growth momentum. It has solid support just below three dollars, with resistance just above four dollars. If XRP breaks this resistance, it could aim for the next level at a little over five dollars, potentially offering a gain of over 30% from its current high. The cryptocurrency's strength is underscored by its notable performance over the past week too, where it has risen by almost 18%. If the trend continues, XRP enthusiasts might witness even more exciting growth.
Ethereum Inches Closer to Growth with Recent Price Surge
Source: tradingview
Ethereum is on a promising path, with its price recently swinging between just over $3186 and around $4076. This shows optimistic growth, as ETH has climbed over 20% this past week and surged nearly 60% in the month. Heading next towards a resistance level near $4394, Ethereum could increase further by another 8% or so. If momentum continues, its next strong point is $5284, possibly boosting ETH by about 40% in the long term. Support sits around $2615, offering a buffer, while technical indicators suggest more movement could be on the horizon. Ethereum seems geared for continued action, with eager eyes watching its potential upward trajectory.
Conclusion
Robert Kiyosaki predicts a significant market downturn. Despite this, there is optimism about a potential rebound for cryptocurrencies. XRP and ETH are expected to recover well after the pullback. Smart investors see opportunities in these coins due to their underlying technology and growing adoption. The forecast suggests that while a crash might be imminent, the resilience of XRP and ETH could lead to a strong comeback. These assets could offer long-term growth after the temporary decline.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
