Cryptobilbuwoo, a renowned market analyst, is optimistic about XRP’s potential despite recent price declines.
The analyst has identified multiple price targets for XRP, with the highest being $50 using Fibonacci analysis.
The coin experienced a significant increase on March 11, reaching $0.7442, but faced resistance at $0.74, resulting in a retracement.
A well-known market analyst and chartist, known as Cryptobilbuwoo, has expressed a positive outlook on XRP’s potential, despite the cryptocurrency’s recent price decline.
The analyst has identified multiple price targets for XRP using various chart patterns, with the highest Fibonacci target being $50.
On March 11, XRP experienced a significant increase, reaching a new yearly high of $0.7442 and closing the day with an 18.84% gain. However, the token faced resistance at the $0.74 level, resulting in a substantial retracement, and a 4.88% decline the following day. The correction has persisted, with XRP currently tradi
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