Ripple’s XRP Could Hit $3.30 After Entering The Golden Cross Pattern – This Is The Best Time To Invest
Today is a good day in the crypto market because the most important digital assets are all trading in the green.
XRP managed to surpass the $0.40 level which is an important step ahead, and experts are saying that the coin will soon hit $0.50.
There have been lots of positive e predictions regaring Bitcoin (BTC), but also Ripple’s digital asset and most of them are saying that XRP will soon surge a lot due to the many achievements that have been marked by both the San Francisco-based company and its digital asset as well.
XRP to retest $3.30
Smartereum offers the latest prediction regarding XRP, and they are saying that, based on a critical analysis, of the chart that is highlighting the trading for XRP/USD pair, it’s obvious that XRP holders will be collecting their gains in June.
They cite data coming from the online publication CoinDesk and reveal the latest bullish prediction for the coin.
“The charts show that the price of XRP is set to form the golden cross pattern which could see it turn bullish and retest its recent high of $3.30 in the coming weeks,” Smartereum writes.
XRP is about to enter the golden cross pattern
Smnartereum highlights that XRP is about to enter the golden cross pattern.
“If it follows BTC’s lead, the asset class could see substantial price gains. It is expected to retest the $3.30 price position should all parameters, and technical indicators stay in play,” they write.
If this is indeed true, it’s more than obvious that now would be the perfect time to invest in Ripple’s digital assets and reportedly collect gains the next month.
In other news, the Daily Hodl just reported that Blockchain.com’s head of institutional sales and strategy is leaving the company to come work for Ripple.
Breanne Madigan, a former executive at Goldman Sachs, told The Block she would continue her work to bring institutional investors into crypto.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.