🔸Let me tell you how the situation is with $XRP . Imagine this play; it seemed clear that the price was going to take a tremendous drop. A pattern had been drawn on the chart that almost always signals declines, one of those head and shoulders! And, indeed, it dropped significantly, down to $1.60.
But here comes the good part! Instead of following the script of the drop, the price made a 180-degree turn and started to rise strongly, reclaiming the $2 mark! It was like a perfect fake in basketball, leaving the "defender" (those expecting the drop) exposed and opening the way for the attack.
Since that "fake," XRP has not stopped climbing, it has already surpassed $2.50! And that is a strong signal that the bearish trend that had been around since January, when it touched $3.40, has vanished!
So now, those of us betting on the rise have a clear path to go seek that January high, and who knows if beyond that!
And it doesn't stop there. XRP is trading above a super important average, and it held up quite well when the rest of the crypto market wobbled in April. Furthermore, when the price rose eagerly after the "fake," the buying volume skyrocketed! That indicates that many people are confident in this rise.
One dares to predict that we could see XRP at $2.85 in a couple of weeks. But beware! There are analysts who talk about much higher prices, even up to $15!
And of course, the overall atmosphere of Ripple helps, having won some important legal battles, and with the possible new government in the United States, which seems more pro-crypto, the wind is blowing in favor.
In short, the play seems clear: XRP has many chances to continue rising, and we could see quite interesting prices in the future. We will be attentive to see how the game develops!