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XRP Price Monthly Cycle Still Points Higher Despite The Crash!

XRP Price Monthly Cycle Still Points Higher Despite The Crash!

Photo: CaptainAltcoin

XRP’s latest decline has put its bullish monthly outlook through another uncomfortable test. The selloff described in the supplied market update followed the CPI release, but Protechtor believes the bigger question goes beyond the immediate damage. His analysis examines whether XRP’s broader cycle can survive another period of heavy selling. The current data places XRP’s decline at more than 6% since yesterday’s crash, with a low near $2.316. That puts the immediate focus on further downside. However, the analysts discussed here are examining different timeframes, and their forecasts need careful separation before they can offer a useful picture.

Source: CaptainAltcoin

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