The crypto analyst claims that the recent drop in XRP's price is in accordance with their previous prediction of a drop to the $1.88 - $1.91 range. They believe that XRP has achieved the targeted correction and expects a trend reversal based on historical behavior. The analyst emphasizes the importance of the $2 support level and multiple rejection data points from past declines and believes that breaking below this level could lead to further decline. The analyst expresses confidence in their prediction and suggests that investors can either accumulate more tokens or hold their current positions before an impending rally. Overall, the sentiment in the crypto market is that the current decline is temporary and will give way to a sustained rally, as the bull cycle is still intact.



Other News from Today