Lens1000
VIP Contributor
The XRP fell below the bear flag in Sunday's trading as a result of the price activity. This indicates a 20% decrease.
The bears have complete control of the price and could push it farther lower if it falls below $0.99. If the bearish trend continues, it will fall below $0.64, according to the analyst.
Following significant buying pressure, a close above $1.07 will initiate an uptrend.
It would be prudent to store XRP for a long time in order to reap future benefits.
The virtual currency has improved tremendously despite the lawsuit. It was able to survive the hurdles due to the massive support it enjoyed outside the shores of the US.
Initially, the lawsuit made investors to withdraw there funds.
The bears have complete control of the price and could push it farther lower if it falls below $0.99. If the bearish trend continues, it will fall below $0.64, according to the analyst.
Following significant buying pressure, a close above $1.07 will initiate an uptrend.
It would be prudent to store XRP for a long time in order to reap future benefits.
The virtual currency has improved tremendously despite the lawsuit. It was able to survive the hurdles due to the massive support it enjoyed outside the shores of the US.
Initially, the lawsuit made investors to withdraw there funds.