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XRP Plunges 20% From Highs: Here’s Why More Downside Is Expected

Along with Bitcoin, Ethereum, and the rest of the crypto market, XRP has taken a significant hit during the last 48 hours of carnage. Ripple has since plunged by over 20% from its recent peak, but a bearish divergence forming could be a prelude to substantial downside ahead. XRP Falls 20% In Two Days, Is The High For 2020 Already In? The total crypto market cap within the last 48 hours had over $50 billion in value wiped out from the massive 2020 rally that at the peak saw an over 100% increase year-to-date. But that high may be in…

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Why XRP’s Waning Momentum May Be The Calm Before The Storm Surge

XRP investors are eager to see their altcoin of choice get back a lot closer to all-time high valuations. The crypto market underperformer recently regained its number three rank thanks to an over 45% one-week rally. However, things have since cooled down. Why is momentum currently waning, and what does this mean for an extended recovery? The same indicator on lower timeframes points to a pause from bulls, but on high timeframes suggests this is the calm before the storm. What can altcoin investors expect? XRP Rebound Takes Pause, But Are Bulls Preparing An Even Stronger Push? A rebound from…

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XRP Bulls Must Reach For Higher High Or Risk 80% Collapse: Here’s Why

XRP has been on a tear over the last month, rising over 47% in June alone. Most of the gains arrived late in the month, with a massive, over 30% push from bulls in the last week. However, Ripple bulls will still need to push the asset’s price even higher to invalidate a powerfully bearish signal that could send the altcoin falling another 80% or more. Crypto Market’s Whipping Boy Makes Neck-Snapping Recovery How quickly things turn around in the cryptocurrency industry. XRP went from the market’s worst performer for over two years in a row, to topping the industry…

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