Although the larger part of the cryptocurrency sector seems to be slowing down its previously accumulated (massive) gains, some of its assets might just yet make an impressive bullish recovery and more – one of them being XRP, at least in the view of a number of crypto and finance experts.
Indeed, Markus Thielen, head of research at the crypto analytics platform 10X Research, observed in a recent report that Bitcoin (BTC) is targeting $57,000 as its next resistance, with the increasing “odds for another leg being higher,” contributing to a healthy structure of the crypto market.
As he further explained, “Bitcoin is the critical directional influencer,” arguing that the likes of the XRP token, Ethereum (ETH), and other major digital assets will likely take the cue from the flagship decentralized finance (DeFi) asset and rise and fall with its movements.
Bullish signs for XRP
According to Ben Weiss, the CEO of Bitcoin ATM operator CoinFlip, things are looking bul
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