Analyst Expects XRP’s Strongest Price Reversal Ever, but Polymarket Disagrees

Share

Ripple’s cross-border token slipped to around $1.02 due to the delay of the CLARITY Act, raising questions about a possible drop below the $1.00 level. Analyst Dark Defender nevertheless forecasts a major rebound, calling this potential reversal ‘the strongest in history’ once XRP reclaims the $1.05 zone. Analyst Gerla agreed, noting a bullish divergence on the RSI. In contrast, traders on Polymarket see a 65% probability that XRP will fall below $1.00 by the end of the month. XRP’s painful history in August, having closed in the red in all four recent editions, fuels this bearish view.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles