XRP, 20x Surge, Then 90% Crash? Expert Warns of '2017 Deja Vu'

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A forecast suggests that XRP could be entering a historic bull market. A cryptocurrency expert warned that if a price pattern similar to 2017 repeats, XRP's price could surge and then plummet by up to 90%.

According cryptocurrency to analystsRP currently looks very the one from 2017 2At that the monthly chartI'sochastic RSI (SRSI) cross, price sur-ged foldding by 96%.

The analyst stated, "The is the one before the 20-in and stochastic RSsignalI is about to occur again". This means the the XRP cycle of rapid increase and decrease decline could be reproduced.

The expert advised realizing profits before the market turns, like the top % 'smart money'. He asked, "Will you be the 5% who realize profits before the 90% collapse, or the you 95% who incur losses at the end of the cycle?"

The analyst added that the 'utilityability' narrativeRP short-, but the opportunities for profit rea brief period., He warned that market overheating could lead to a sharp correction.

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#XRP Analysis#Cryptocurrency Cycle#Smart Money

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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