CandleFocus Expert Says XRP Will Do Nothing Significant Until This Happens
2024-10-07
Author: Content Editor
Crypto analyst Charting Guy believes that the price of XRP will continue to be stagnant until Bitcoin, the largest cryptocurrency, experiences a significant price movement. Despite a recent appeal notice by the US Securities and Exchange Commission (SEC), XRP has shown some bullish sentiment with experts speculating high price targets. However, Charting Guy argues that until Bitcoin breaks out of its current price range, altcoins like XRP will not see substantial price actions. The analyst predicts that XRP will continue to range between $0.43 and $0.67 until Bitcoin's next move is confirmed. The dependence on Bitcoin is evident, as it dominates 56% of the crypto market.
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