XRP Will Likely Drop 38% Unless It Moves Above This Critical Line As BTC Heads for Bottom: Analyst

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December 2nd 2019

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A prominent crypto nlyst sys XRP is in the nger zone.

TrerSZ tells 39,700 followers on Twitter tht the thir-lrgest cryptocurrency by mrket cp nees to rise bove criticl “mi-rnge” level to voi further 38% brekown.

The nlyst < href="https://twitter.com/trersz/sttus/0073530897983" trget="blnk" rel="noopener noreferrer">rws tht line t $0.669 – n re of support n resistnce ting bck to 07.

“As long s we hol below mi rnge, expecting XRP/USD to rop towrs $0.35 next.

< href="https://ilyhol.com/wp-content/uplos/09//EKneLBXYAAJSnk.jpeg" trget="blnk" rel="noopener noreferrer">Source: TrerSZ/Twitter

TrerSZ isn’t just picking on XRP. He hs berish outlook on the crypto mrkets t lrge.

In the ner term, the trer is short Bitcoin (BTC), n expects the king of crypto to rop below $7,300, then $6,900 n then $6,600.

As for when BTC will hit bottom, the nlyst sys it’s likely to hppen t $6,000.

twitter-tweet” t-with=”550″ t-nt=”true”>

my iel btc pln, slong s we sty below 8300 < href="https://twitter.com/hshtg/btc?src=hsh∓refsrc=twsrc%5Etfw">#btc < href="https://t.co/bk8eKPrEzI">pic.twitter.com/bk8eKPrEzI

— TrerSZ (@trersz) < href="https://twitter.com/trersz/sttus/00743674387866?refsrc=twsrc%5Etfw">November 30, 09

Dily nlyst Josh Rger is on the sme pge.

His new set of technicl nlysis is lerting his crew of 60,300 followers to the $6,000 level s n extremely likely trget for BTC.

Right now, he’s looking to see if support hols t $7,50.

“As long s $750 hols, this will be key re becuse it’s the point of controls, the re with the most volume tre in this rnge.

But let’s not ki ourselves, $6ks re coming gin sooner or lter. Prep your emotions, we’ll get through this like lwys.”

< href="https://ilyhol.com/wp-content/uplos/09//EKwtfFW4AINwFw.png" trget="blnk" rel="noopener noreferrer">Source: Josh Rger

Both Bitcoin n XRP hve h rollercoster of yer, with BTC hitting lows ner $3,000 n highs t lmost $4,000.

At time of publishing, BTC is own 0.45% t $7,3 ccoring to < href="http://coinmrketcp.com" trget="blnk" rel="noopener noreferrer">CoinMrketCp – 95% rise from the strt of 09.

XRP hit 09 high of $0.493 in June n low of $0.085 on November 4th.

Right now, the coin is own 0.84% t $0.06 – 37% rop from the strt of 09.



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Disclimer: Opinions expresse t The Dily Hol re not investment vice. Investors shoul o their ue iligence before mking ny high-risk investments in Bitcoin, cryptocurrency or igitl ssets. Plese be vise tht your trnsfers n tres re t your own risk, n ny loses you my incur re your responsibility. The Dily Hol oes not recommen the buying or selling of ny cryptocurrencies or igitl ssets, nor is The Dily Hol n investment visor. Plese note tht The Dily Hol prticiptes in ffilite mrketing.




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XRP vi.be Editor
XRP vi.be Editor
Editor at XRPvi.be, gathering information and insights about Ripple, XRP and related things from around the internet. Opinions deriving from any content do not represent ours. All content copyrights are with the original creators and holders. By clicking on the 'source' link you can visit the originating place of the content.

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