XRP has gained by 0.5% in the past 24 hours, moving to $0.5316 on a day when the crypto market has gained by 3.5%.
The altcoin is also up by an impressive 22% in a week and by 11% in a month, although it remains down by 26% in the past year.
Yet this yearly underperformance could be about to change before long, with XRP entering online discussion today after it emerged that a ‘prophet’ who predicted an assassination attempt on Trump has also prophesied that the coin will “one day” reach $10,000.
While traders should always meet such claims with considerable caution, there is a strong argument that XRP should rebound sooner or later, particularly after Ripple settles with the SEC.
XRP’s chart gives the impression that, after a dip in the past day, the coin is ready to rally again, with its indicators showing good momentum.
Its relative strength index (purple) has begun climbing up again after falling from 80 to just under 50 yesterday, a sign that buyers are already coming back after the dip.
Perhaps even more bullish is XRP’s 30-day average (orange), which continues to rise, a sign that the coin remains in a growth phase.
It’s also encouraging that the coin has seen some big transfers off exchanges in the past day, suggesting that whales may be returning to the token.
XRP may also receive a boost via the aforementioned soothsayer, Brandon Briggs, who has gained some degree of notoriety this weekend by virtue of his March prediction that Trump would survive an assassination attempt and that bullet would fly past his ear, ‘busting’ his eardrum.
WOW!
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