XRP: Strutting its Stuff or Heading for a Fall?

– XRP’s recent rally seems to have hit a roadblock, raising concerns about a possible mimicry of its infamous 2018 price correction.
– As it stands, XRP has seen a 4% drop within a single day and has been trading as low as $3.02 on Jan. 29.
– Still, a bull flag target of $4.60 hangs in the balance, and all eyes are on the drawing table to see how this potentially lucrative trend plays out.
– Graphs and trends suggest a potential price dip in the future, but as always it’s a gamble in the fickle world of cryptocurrency.

The Final Bit

Talk about a roller-coaster ride! XRP may have just shattered crypto enthusiasts’ dreams of a Lamborghini garage by potentially preparing for a bit of a dip. Just when we thought we were going sipping Pina Colada on a yacht, reality has come knocking. But fret not, crypto faithfuls, there’s still a ray of hope with that $4.60 bull flag target (that can buy a whole lot of bunting if it comes to fruition).

In the twisted lands of Crypto-coin, it’s always a ‘here today, gone tomorrow’ scenario with prices. For now, keep a watchful eye, and perhaps keep that yacht brochure handy. Just in case. #XRPRollerCoaster #CryptoRide

Disclaimer. The opinions expressed by our writers are their own and do not represent the views of JustInvestNews . The financial and market information provided on JustInvestNews is intended for informational purposes only. JustInvestNews is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Original article: https://cointelegraph.com/news/is-xrp-price-going-to-crash-again?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound