Trading expert reveals when XRP could hit $2.10
Less than a day after highlighting that XRP flashed a sudden ‘Buy’ signal, the popular trading expert Ali Martinez estimated that the popular cryptocurrency could soon aim for a breakout above $2. The initial X post with the bullish alert came as the digital asset was surging back toward $1.30, and then formed what appeared to be an inverse head-and-shoulders bottom later on October 27. Martinez set his initial target at $1.40 but then assessed that XRP could now be targeting a rise to $1.55. Furthermore, the trading expert estimated that a daily close above the $1.55 level could then lead to a bullish breakout that could take the token to a breakout above $2 and to $2.10. Notably, the on-chain analyst also warned that the support at $1.25 remains crucial, as losing it would likely lead whales – large cryptocurrency holders – to continue taking profit. If this bearish scenario plays out, Ali Martinez warned that XRP could drop below $1 and to $0.98...