Cardano

Bitcoin

Read

<p class="is-style-lead">In a Nov. 30 YouTube video, popular crypto analyst “DustyBC” shared his continued bullish perspective on XRP despite some recent technical issues experienced by exchanges like Binance and Ledger.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="HERE'S EXACTLY WHAT'S GOING ON WITH RIPPLE / XRP RIGHT NOW!" width="1020" height="574" src="https://www.youtube.com/embed/atdiwM1WvEo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div>
</figure> 
<p>Shifting to price action, the analyst drew comparisons to XRP’s performance during Bitcoin’s last bull run in 2017. With Bitcoin up 250% from its 2017 high while XRP remains down 33%, he believes external factors like SEC litigation have suppressed XRP’s price.</p> 
<p> You might also like: <a href="https://crypto.news/will-ustc-stay-bullish-analyst-weighs-in/"> Will USTC stay bullish? Analyst weighs in </a> </p> 
<p>Now with the SEC case seemingly nearing conclusion, the analyst thinks it’s a matter of time before XRP sees significant gains. “From almost any analysis that you can do, it just makes sense,” he commented. Still, the analyst cautioned listeners not to expect an immediate parabolic rally even if the case closes favorably.</p> 
<blockquote class="wp-block-quote"> 
 <p>Getting to a dollar is not that hard. It’s getting into a sustainable rally that’s the difficult part. You don’t want a one-time pump. You want it to be basically continuing.</p> 
</blockquote> 
<p>In terms of predictions, while being clear he is not offering financial advice, the analyst said he personally does not envision any scenario where a $1 investment in XRP today fails to return $5 in the future. He believes $1 could eventually be worth about $32.</p> 
<p>Ultimately the analyst urged viewers to remain committed despite crypto’s volatility. “In your whole crypto journey, don’t give up now,” he emphasized, highlighting how long-term XRP holders have persevered. He also advised investors determine clear price targets for taking profits to minimize regret.</p> 
<p> Read more: <a href="https://crypto.news/analyst-explains-why-shes-not-buying-cardano/"> Analyst explains why she’s not buying Cardano </a> </p>

Analyst likens upcoming XRP run to Bitcoin

crypto.news

2023년 11월 30일에 게재된 다른 기사

Water Scarcity is a Big Challenge Overlooked by Bitcoin Miners

Binance Unveils Pioneering Banking Triparty Agreement, Mitigating Counterparty Risk

IOTA (MIOTA) Price Prediction 2025, 2030, 2040 and 2050

Solana (SOL) and Dogecoin (DOGE) Prices in Green as Crypto Market Remains in Limbo

Galaxy’s Novogratz predicts Bitcoin reaching $70k with ETF approval

NEO’s GAS surges 182%: exploring possible drivers

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!