XRP’s price is currently trading just above its support of $0.52, but a crypto analyst believes this will not be the case for long.
- XRP’s support at $0.52 will likely be broken, according to an analyst.
- The analyst added that XRP’s price could drop to the support at $0.494.
- At press time, XRP is trading hands at $0.5204 after a 0.36% price decrease.
Crypto trader and analyst TARA (@PrecisionTrade3) posted on Twitter yesterday to share her thoughts about what the price of Ripple (XRP) could do in the coming days. According to the analyst, although XRP has decent support at $0.52, she believes it is very likely to be short-lived and the remittance token will likely follow Bitcoin (BTC) in a correction.