Peter J. Zacharias Claims Ripple XRP Price Could either Rise or FallPeter J. Zacharias, a cryptocurrency analyst and investors has recently shared his thought in regards to where Ripple XRP price is heading. Zacharias averred that XRP price has got to the point where the best or worse could be expected. He deduced his sentiment from the 4h charts he captioned. The charts represent XRP price movement in December 2017 and now. He collaged the identical charts, hinting that history could repeat itself. “We’re exactly at the point where it can go really well now or really bad. Left one is the 4h pattern on XRP from Dec 2017 when it first shot up and the imagine on the right is taken now also on XRP 4h chart. Almost identical.”
We’re exactly at the point where it can go really well now or really bad. Left one is the 4h pattern on XRP from Dec 2017 when it first shot up and the imagine on the right is taken now also on XRP 4h chart. Almost identical. pic.twitter.com/J3dungKkcY— Peter J. Zacharias (@petersthetrader) June 12, 2019
Ripple XRP Situation in the MarketThe cryptocurrency market is presently on the green indication. Bitcoin (BTC) is presently heading further above $8,200, and every crypto pundit knows that the welfare of Bitcoin determines the wellbeing of other digital currencies. At press time, Ripple XRP is trading at relatively of $0.4, with 3.02% price increase in the last 24 hours. If the present growth could be maintained, there is tendency of breaking further challenging resistant levels.
- Analyst compares the analytical charts of December 2017 and now, hinted a bullish or bearish XRP
- Another analyst remains resolute that Ripple XRP will hit $7 by 1st July 2019