Add as a preferred source on GoogleCrediBULL Crypto Says XRP Skipped Relief in Earlier Downside Scenario
The analyst’s Friday, Nov. 13 post said XRP could reach his $0.60-$0.90 target range sooner than expected after bypassing the relief move in his earlier forecast.
Crypto analyst CrediBULL Crypto said XRP had bypassed the relief step in his earlier downside scenario, bringing his $0.60-$0.90 target range into view sooner than he expected.
In a Friday, Nov. 13 post, CrediBULL wrote that XRP had “basically skipped the relief part.” His earlier scenario called for a drop below $0.98 after a relief move, followed by a decline into the $0.60-$0.90 range before a possible next expansion phase.
The post also described XRP as nearing a key region during the pullback. CrediBULL said a reversal from those levels could be more significant than temporary relief.
A separate chartist marked $0.63 as support and identified a possible retest of $0.60.