Remittix (RTX) is emerging as the unexpected haven for XRP holders who are shaken by the recent revelations made by the veteran trader.
The recent price activity in the market has shown that there is a calm before a potential storm. However, not everyone sees this storm coming. Despite the token presently resting near the $3.40 mark and showing signs of a potential breakout, a popular trader has just dropped a bombshell in the market. According to his predictions, the token shows a sign of an upcoming correction, with the trader arguing that the current Fibonacci time extensions could be in line with a major drop, not a price rise.
The recent price activity in the market has shown that there is a calm before a potential storm. However, not everyone sees this storm coming. Despite the token presently resting near the $3.40 mark and showing signs of a potential breakout, a popular trader has just dropped a bombshell in the market. According to his predictions, the token shows a sign of an upcoming correction, with the trader arguing that the current Fibonacci time extensions could be in line with a major drop, not a price rise.
According to this prediction, the inability of XRP (XRP) to break above its resistance levels around $2.70 and $3.08 could confirm that the asset’s upward move has lost the needed power. This way, instead of building towards $3.80, the analyst expects an exhaustion in XRP price, especially with April’s time markers showing a sign of possible reversal points instead of accelerators.
According to this prediction, the inability of XRP (XRP) to break above its resistance levels around $2.70 and $3.08 could confirm that the asset’s upward move has lost the needed power. This way, instead of building towards $3.80, the analyst expects an exhaustion in XRP price, especially with April’s time markers showing a sign of possible reversal points instead of accelerators.
While FIbonacci cycles had previously shown that a climb through April 8 that could extend into late June was possible, this new prediction reveals a possibility that XRP price may be nearing the
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