Ronding-XRP Prix Aspects: An exceptional annual quarterly closure can pay the currency price approximately $ 15 in a rehearsal of its launch in 2017 of around 37,800%

The 3 -month graph of the price of the undulation currency has turned to the first time since 2017, a technical position which can represent a starting base for prices expectations if historical events are repeated in the same way, while gains amounting to 28% in the last three months can be the last historical start of the price of alternative currency according to the analysis of Mike Bull Crypto.

This separate closure simulates the technical position formed in 2017, which preceded a strong beginning of 37,800% for the price of the undulation, where it was confirmed that a resistance barrier has extended for years with the turning point of technical indicators at the weighting of height, and the analysts have put a potential objective at $ 15, a discretionary power that the atmosphere of the market is justified for the possibility of going to a high level of high level.

Ripple continues to consolidate its position in traditional American financial systems, especially since the new public registration standards issued by the Committee on Securities and Exchanges (SEC) for investment products linked to digital currencies (ETP) allow several issuers to deliver the possibility of accelerating the approval of their requests at the same time.

Likewise, the favorable American macroeconomics helps support these expectations, especially since the markets await a reduction in interest rates of 0.5% before the end of the year, which can improve the demand for high risk assets such as Ripple.

Ripple: Can he reach $ 15 during this course?

The movements show the daily price on the daily graphic level increasing the strength of this scenario, with the formation of the “cut and round” model which has extends since the beginning of the year, which is currently about to finish, as well as the formation of the “three -low” model at the $ 2.70 level, completing the lower limit for the partial handle, which provides a strong artistic position at a strong start that suggests that the latest red can be Note a strong reflex which suggests that the Redemption can be referendum expected.

In addition, the position of Momentum indicators suggests this expectation; When the RSI index is close to exceeding the range of the center of the middle, which suggests that buyers restore the initiative, while MacD graphics indicate a similar preparation for an imminent price reflection, with the possibility of an intersection of gold by jumping the steering line for the signal in preparation for a strong rebound.

It should be noted that the penetration target of the pattern reaches $ 3.60, and as soon as it turns into support, it is possible to penetrate the cup of the cup and that the handle reaches its arithmetic target, which means a strong start by a rate 165% allows him to reach $ 7.50.

With additional incentives such as reducing interest rate in the United States, the launch of immediate currency negotiation boxes on the Stock Exchange (XRP Spot ETF) and the possibility of currency to the assets of pension funds 401 (K), lost His expected departure covers 430% to reach the objective of $ 15 Miky analyst.

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The price of the Ripple-XRP price is an exceptional annual quarterly closure. The price of currencies can pay around $ 15 in a rehearsal of its launch in 2017 of around 37,800% appeared first on Arab Cryptonews.