XRP at One-Year Low: Now or Never to Buy Before Violent Price Surge?
- Pundits believe the current low price of XRP is a ‘final shakeout’ before a massive rally.
- The Ripple-SEC lawsuit is expected to conclude this month, with key dates being July 13 and July 31.
- Historical patterns and market sentiment suggest XRP could break its all-time high of $3.84.
Pundits in the crypto community believe that those not buying XRP now at its low could be missing out on significant profit potential, calling the current period the “last shakeout.” This view has emerged amid recent developments and the impending outcome of the lawsuit with the SEC.
At press time, XRP is trading at $0.4368, recovering slightly from its recent low of $0.3911 two days ago, its lowest price in over a year.
Many market watchers have been sharing historical charts of XRP, highlighting its explosive growth in 2014 and 2017, with the latter surge reaching an all-time high (ATH) of $3.84. They believe a similar scenario is unfolding, particularly with the Ripple-SEC lawsuit expected to conclude this month.
As a result, this period is being described as the “final shakeout” before a potentially massive price surge.
The post XRP at One-Year Low: Now or Never to Buy Before Violent Price Surge? appeared first on Coin Edition.
