'Face-ripping rally' coming for
#60.000🔱 XRP, say experts
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Although the larger part of the cryptocurrency
sector seems to be slowing down its previously
accumulated (massive) gains, some of its assets
might just yet make an impressive bullish
recovery and mnore one of them being XRP, at
least in the view of a number of crypto and
finance experts.
Indeed, Markus Thielen, head of research at the
crypto analytics platform 10x Research, observed
in a recent report that Bitcoin (BTC) is targeting
$57,000 as its next resistance, with the increasing
"odds for another leg being higher," contributing
to a healthy structure of the crypto market.
As he further explained, "Bitcoin is the critical
directional influencer" arguing that the likes of
the XRP token, Ethereum (ETH), and other major
digital assets will likely take the cue from the
flagship decentralized finance (DeFi) asset and
rise and fall with its movements.