Popular cryptocurrency analyst Credible Crypto is updating its short-term forecast for Ripple (XRP). The analyst states that XRP looks ready to make an important upward move once again. World-renowned analyst Michaël van de Poppe says that if Bitcoin falls, XRP is likely to shift to $ 0.36. However, the analyst believes XRP is targeting $ 1.00 based on the Flare airdrop.
Credible Crypto: Ripple (XRP) ready to make a significant move upwards
Successful analyst Credible Crypto tells its 82,000 Twitter followers that XRP looks ready to make an important upward move once again. The strategist, who relies on the Elliott Wave Theory to evaluate market trends and investor behavior, expects the XRP boom to continue.
However, Credible Crypto says all bets are closed in the short term if the leading cryptocurrency BTC falls below the $ 18,800 level. Credible Crypto adds the following to his statements on the subject:
IF BTC HOLD ITS 19.000 LEVEL, I HOPE TO GO TO THE NEXT NEW ATH (FINALLY). I THINK WE MAY ALSO HAVE TO EXPECT SOMETHING UNDER 19.000 DOLLARS… EXACTLY 18.800 DOLLAR-19.000 DOLLAR.
Credible Crypto said in its previous estimates that XRP will retreat to around $ 0.20 and $ 0.168 before continuing to rise higher. XRP moved exactly as the analyst stated, and it dropped to this low. Apart from that, the analyst also had a high success rate in other XRP predictions.
Michaël van de Poppe shares levels Ripple will see in turn
If the price of Bitcoin rises, renowned analyst Credible Crypto expects XRP to rise from its current price to about $ 1.15. World-renowned analyst Michaël van de Poppe says that if Bitcoin falls, XRP is likely to move to the $ 0.36 area. Also, the analyst believes that XRP is targeting $ 1.00 based on the momentum from the upcoming Flare airdrop. Michaël van de Poppe adds the following to his comments on the subject:
IN MOMENTUM BITCOIN… BUT THERE WILL BE AN AIRDROP APPROACHING IN THE WEEK THERE IS A SIGNIFICANT ACCELERATION IN XRP… FOR SUPPORT, THE LEVEL OF 0.22 DOLLARS HAS BEEN REVERSED. Throughout 2020, XRP HAS RISE UP TO 0.80 DOLLARS, REVERSING THE DROP TREND IN THIS UPPER STRUCTURE. HOWEVER, BECAUSE THE XRP COMMONLY HAS THESE LARGE MOVEMENTS, IF THE BITCOIN STARTED TO CORRECT, WE WILL PROVIDELY TEST THE SUPPORT BETWEEN 0,36 TO 0,32 DOLLARS AND POTENTIALLY. IF SUCH THING OCCURS, THE NEXT IMPACT WAVE WILL BE LEVEL 1.00 DOLLARS.
Attention: Ripple HODLers Announces The Levels To Sell Their XRP!
Famous analyst Michael van de Poppe accurately predicted the altcoin season in the first quarter of 2020. In addition, the analyst reported the recent declines of Bitcoin hours in advance. Apart from that, the master analyst has other successful BTC predictions.