Predicting The XRP Price Rally
Crypto analyst Alan Santana has been consistently optimistic about the XRP price, accurately predicting a surge in the digital asset. In his initial analysis on October 13, Santana highlighted the “great timing” for entry when XRP was trading at $0.48. Subsequently, on October 16, he emphasized the high growth potential of XRP.
Following the United States Securities and Exchange Commission’s dismissal of its lawsuit against Ripple’s co-founders on October 20, Santana stated that this victory would pave the way for a 150% rally. Although XRP has not reached this target yet, it has already increased by 114% since the first post.
What’s Coming Next?
In his latest analysis, Santana notes that XRP is displaying no signs of weakness. He believes that the bullish momentum will continue, with further upside expected. According to Santana’s predictions, the XRP price could rise to $0.6 before encountering resistance or losing steam.
Santana’s TradingView post confidently states that the chart indicates a higher high is imminent, just as it successfully predicted a Ripple win and a major XRP rally before these events occurred.
As anticipated by Santana, XRP continues to demonstrate strength in the market, with its price increasing by 4.98% in the last day alone. Its weekly surge of 11.45% has pushed its market cap above $29.4 billion, and its daily trading volume has seen a significant 200% increase according to CoinMarketCap data.
Hot Take: What Lies Ahead for XRP?
Crypto analyst Alan Santana accurately predicted a surge in the price of XRP, which has already risen by 114% since his initial analysis. Santana believes that the bullish momentum will continue, with XRP potentially reaching $0.6 before facing resistance or losing steam. As the chart predicted a Ripple win and major XRP rally before these events occurred, Santana’s analysis suggests that a higher high is on the horizon for XRP. With its current strength in the market, XRP’s price surge and increased trading volume indicate positive prospects for this beloved altcoin.
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