JUST

MOON

The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/xrp-price-update-a-major-bullish-signal-validated-yet-price-is-poised-for-a-60-crash/">XRP Price Update: A Major Bullish Signal Validated-Yet Price is Poised for a 60% Crash!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a>
As the crypto markets continue to trade flat, the XRP price is maintaining a similar trend, chopping around $0.63. Not much volatility has been witnessed, as the volume has also plunged to a large extent. It could appear that the markets are flipping from being neutral towards the bears, but it also indicates a possible accumulation phase before the next price action.&nbsp;
The <a href="https://coinpedia.org/information/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> chart has been shaping up to be quite intriguing following the massive breakout from the weekly accumulation zone. The prolonged accumulation is now flashing a buy signal as the Gaussian channel just flashed a bullish signal. Previously, when this happened, the XRP price crashed by more than 60%, however, a fine upswing has always followed.&nbsp;
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 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Update! GAUSSIAN CHANNEL JUST FLASH GREEN "BULLISH"! Last two times it did this, <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> crashed 60-70% before it 12x-1016x! (Basically, the crash before the moon!) Will we have that 60% crash before MOON <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" style="height: 1em; max-height: 1em;">? Retweet/Like for more updates MINUS ALL NEWS/NARRATIVES/NOISE! <a href="https://t.co/aFXFRDJAWX" rel="noopener noreferrer nofollow">pic.twitter.com/aFXFRDJAWX</a>— JD <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f5-1f1ed.png" alt="🇵🇭" style="height: 1em; max-height: 1em;"> (@jaydee_757) <a href="https://twitter.com/jaydee_757/status/1690910839698812928?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 14, 2023</a>
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As mentioned above in the chat, the XRP price is flashing a bullish signal. While it also indicates that the price may drop by another 60% to 70% as it did during the previous rallies. If this happens, the XRP price may plunge hard enough to mark new yearly lows below $0.33. However, the platform may witness a huge influx of buying liquidity that may propel the prices higher.
Therefore, the XRP price is expected to return to the same point where it triggered a healthy upswing. This could be the best buy for XRP, which has remained stuck within a very narrow region for a period of time. The price appears to be set to hit all-time highs in the upcoming bull run, despite the current price action favouring the bears.

XRP Price Update: A Major Bullish Signal Validated-Yet Price is Poised for a 60% Crash!

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