Is it time to use XRP? Analysis predicts strong growth.
Important note:
If historical patterns repeat, XRP could be primed for a massive rally.
A lower price below the main support level indicates a move towards $1. Dark Defender acknowledged the skepticism surrounding XRP in recent years, but argued that a new chapter for the digital asset is about to begin.
According to price predictions, if past trading patterns repeat, XRP could rise almost 100% from its current price. Go for $1.
Despite the continued focus below $1, investors are particularly concerned about activity on the XRP blockchain.
For example, according to a report by Finbold, on April 24, Ripple sold 100 million XRP tokens for $52 million in sales this month.
The sale concludes the token's unlocking in April and sets the stage for 1 billion XRP to be released in May.
In particular, the public offering of these tokens is known to create short-term volatility around XRP and could be a barrier to reaching the dollar.
