Telegram ID: @Vipkhoone_manager

Ripple (XRP) Price Analysis: 13% Recovery or 13% Decline – What Comes Next?

Crypto Leak 140 Best Vip channels of the world

Ripple (XRP) Price Analysis: 13% Recovery or 13% Decline – What Comes Next?


In Brief

  • XRP price has nearly validated the descending triangle pattern, which suggests a 25% correction for the altcoin.
  • Investors are exhibiting bullish sentiment, which suggests that selling will be held off for now, making room for recovery.
  • Mean Coin Age shows that the majority of the XRP investors prefer to hold their assets over moving them around.

Ripple’s (XRP) price is likely exhausting the pessimistic sentiment noted in the past few days.

In the future, XRP holders will mostly opt to hold on to their assets or attempt to initiate a buying spree to prevent a bearish outcome.

Ripple Investors Exhibit Patience

XRP price taking a turn for the worse was expected, given it was following a bearish pattern. However, investors have shown resilience by opting not to sell their holdings. The network realized profit/loss indicator shows that the investors are largely witnessing losses following the price decline.

Such instances are usually followed by accumulation or HOLDing. This is because the extent of losses is such that investors prefer to refrain from participating in the network over increasing their losses.

This resilience is further substantiated by the Mean Coin Age (MCA) indicator. This indicator represents the average age of all coins in a cryptocurrency network. It provides insight into the network’s activity level and potential for market movements.

Ripple Mean Coin Age.
Ripple Mean Coin Age. Source: Santiment

The incline in this indicator is a sign of investors HOLDing their assets, while the decline hints at XRP moving among addresses, i.e., potential selling. This resilience will drive investors to act bullishly, pushing the price back up.

XRP Price Prediction: Defeating the Bears

XRP price drawdown was part of the descending triangle pattern’s bearish outcome. A 25% correction was likely per the pattern, which would have sent the Ripple token to $0.42. However, the altcoin halted its decline at $0.47.





Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Crypto leak

Godleak crypto leak service have multiple advantages in comparision with other services:

  •  Providing signal of +160 best crypto vip channels in the world
  • Using high tech bot to forward signals
  • Without even a second of delay
  • Joining in +160 separated channels on telegram
  • 1 month, 3 months , 6 months and yearly plans
  • Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features


Join for Free


Also you can check the list of available vip signal channels in the bot. by pressing Channels button.




Trading at $0.48 at the time of writing, the altcoin now stands 13% above the anticipated bearish target. On the other hand, the XRP price is only 13% away from reclaiming the crucial support of $0.60.

XRP/USDT 1-day chart.
XRP/USDT 1-day chart. Source: TradingView

Considering the above factors, the likely outcome is bullish, with XRP price rising by 13%, which would help it reclaim $0.60, potentially pushing it further.

Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *