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Crypto Ripple 2 mins As Ripple’s XRP Holds Key Level, Analyst Eyes 100% Rally:

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Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0.105 on Thursday from its 2020 high of $0.345 established just weeks earlier, marking a drop of 70%.
However, the cryptocurrency rapidly bounced back above $0.13 and is now trading at $0.15 as a recovery in the digital asset markets seems to be underway. A top trader has suggested that this recovery could set the stage for a wider rebound in the value of XRP.
XRP Could Rally 100% As Key Support Holds, Analyst Suggests
Despite the recent weakness seen in the XRP markets, Calmly, a full-time digital asset trader, has expressed optimism about the asset, writing on Saturday that it may be time to “start accumulating Ripple.”
He remarked that XRP has held a long-term support zone around $0.13 — which the cryptocurrency decisively bounced off of in 2017 — suggesting that a bull case remains intact. Although Calmly did not give a concrete price prediction, his chart indicated XRP has room to rally nearly 100% to $0.27-$0.30, where there exists a long-term resistance band that the asset is likely to have trouble breaking through on first go.
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[/url]Calmly | full-time trader@im_calmly




#Ripple / $XRP - Begrudgingly, I think it's time to start accumulating #Ripple

1 The $XRP / $BTC chart looks like accumulation at monthly support. The #bitcoin pair held up during the crash

2 The $USD pair is at my long term support zone. Even during the crash this lvl held
[Image: ETG10tqXgAgYP77?format=png&name=small][Image: ETG11ksWsAMc6oS?format=png&name=small]


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11:33 PM - Mar 14, 2020
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Veteran Trader Begs to Differ
Although Calmly is expecting XRP to begin to rally as it held the key $0.13 level, another prominent analyst has begged to differ.
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