For a long time already, XRP has been trading below $0.3. Many in the crypto community believe this is the result of regular XRP dumps which Ripple conducts from escrow.
Recently, the Ripple CEO Brad Garlinghouse explained this, saying that the unlocked XRP is being used for adding liquidity to the asset. Some have found that explanation unsatisfactory and an XRP fan named Crypto_Bitlord was even planning to conduct and XRP fork to put an end to this.
Now, the XRP army may be in for some good news, as an angel investor @CryptoWelson has tweeted a screenshot of a chart, explaining that the coin’s price may be in for a huge pump if XRP can hold above the current support level.
Wow, things are getting exciting! 🤑— Welson 📊 (@CryptoWelson) October 9, 2019
If $XRP can hold above this support and continue upwards on the daily, we will actually see a huge pump.
Long-time XRP holders have been waiting years for this moment! Get ready! 🚀 pic.twitter.com/pl9NSWIGpD
Previously, U.Today reported that another crypto trader, @galaxyBTC, also predicted +30 percent to the XRP price soon, making the bulls intrigued.
Patiently waiting for that +30% daily candle on $XRP.— Galaxy (@galaxyBTC) October 9, 2019
What is your take on these bullish XRP price predictions? Feel free to talk to us in the comments section below!