Analyst Who Called Recent XRP Dump Just Dropped Another Prediction
Main Idea
Analyst Crypto Bitlord predicts a significant market pump in crypto, with XRP highlighted as a potential candidate for a surge, following his accurate prediction of a recent XRP price drop.
Key Points
1. Crypto Bitlord, a veteran investor, warned of a major downturn before XRP dropped from above $3.5 to $2.99.
2. He now predicts a 'big pump in crypto,' with XRP potentially leading the surge, possibly reaching $12.
3. Other analysts identify $3.65, XRP's all-time high, as a crucial breakout zone for further gains.
4. Technical indicators suggest XRP is in a recovery phase, with potential to reclaim $3.5 and target $7.
5. Crypto Bitlord's track record since 2011 lends credibility to his predictions, though they are not financial advice.
Description
The recent sharp decline in the crypto market caught many traders, including XRP holders, off guard, but one analyst saw it coming. Crypto Bitlord (@crypto_bitlord), a veteran investor active since 2011, had warned the day before that a major downturn was imminent. On the same day, XRP dropped from above $3.5 to a low of $2.99, while Bitcoin fell from over $120,000 to below $118,000. That decline caught many unprepared, especially given the strong bullish sentiment that had built around XRP foll...
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