XRP Technical analysis , XRP Forecast, XRP Price Update
XRP is at its lowest since November 2017 in USD and Bitcoin as well.
The main Support is around 2650 & 2500 Satoshi. If we consider Feb Retracement & Ichimoku cloud indicator, overall situation not looks good for XRP.
If we consider overall situation and risk & rewards from this point and if you enter at this point, you may lose upto 25 % - 50% of capital from here but if we consider a mid to long term rewards, price may go upto 4000 to 10000 satoshi and above, means chances to get 50% to 400% returns from here as well.
For mid & long Term
Resistance - 4000 5600 8419
Support - 2650 2500 1250
Disclaimer & Suggestion : This analysis is only for education purpose. Cryptocurrency market is very risk and volatile. Please always do your due diligence before investing in any cryptocurrency or project. This should not be treated as financial advice.
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