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XRP Poised for a Massive 100% Rally as Technical Strength Grows

#1
XRP’s massive rally seen earlier this week appears to have simply been a flash in the pan, as the crypto has now retraced back below its key psychological resistance at $0.30, opening the gates for further short-term bearishness.

In spite of this, it is important to keep in mind that the token’s current signs of weakness is primarily rooted in the market-wide bearishness that was sparked by Bitcoin’s decline to below $10,000.

Once the dust settles from the recent market-wide drop, however, one top trader is noting that XRP could see a massive rally that leads it to climb nearly 100%, which could be fueled by growing technical strength.

@TradeCryptoNow
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