Cryptonian

2023/04/30 03:16

XRP Could Soon Observe the Cross

XRP has only witnessed two such massive surges since its inception, and the cross immediately preceded both surges. Egrag pointed out that the cross is about to happen again, and the asset’s price could skyrocket by 300%, 3,000%, or 30,000% without stating a fixed rate.

Instead, he allowed his audience to predict what they felt could be the most reasonable rate. Some proponents suggested a 30,000% increase if the Ripple vs. SEC lawsuit ends with a favorable ruling for XRP. It bears mentioning that XRP’s dramatic 760% surge in April 2021 occurred despite the legal pressure from the SEC lawsuit.

Meanwhile, XRP is trading for $0.4792, up 6.16% in the past week. The asset recently recovered from a low of $0.44 on Wednesday. At a time when XRP consolidated at $0.50, Egrag had opined that dropping to the $0.43 territory is possible. He noted that such a drop would be bullish as XRP would plummet to this point so as not to revisit it.

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