XRP Targets $6.20 Price Despite Recent Correction: Analyst
Ripple’s XRP is on a slippery slope, as the leading altcoin struggles to hold above $3. Its price slides to the $2.80 level every time it reclaims the $3 range. However, several analysts have called the altcoin’s dip a buying opportunity before it breaks out in price. Swing traders have made the most out of XRP’s dip from $3 to $2.80. They took an entry position at $2.80 with a price target of $3 and sold after it got there. It happened thrice in a month and could repeat this time around. Also Read: Market Experts Back XRP $1000 Vision Amid Ripple’s Expanding Utility XRP To $6.20, Says Cryptocurrency Analyst Source: Twitter Leading cryptocurrency analyst MikyBull shared a chart on TradingView signalling that XRP is flashing bullish patterns in the charts. He predicted that Ripple’s native token could experience a breakout soon, reaching new highs. According to the analyst, accumulating the token now at $2.80 could bring tremendous profits to investors. “One...