If XRP Doesn’t “Step on the Gas,” a 25% Drop Is Imminent: Analyst


Believe it or not, XRP is actually one of the best-performing cryptocurrencies of the past 24 hours. According to Coin Market Cap, the asset has gained 8.5% in the past 24 hours. Analysts are not yet convinced the altcoin is in a bull market. They claim XRP is below crucial resistance levels. One trader went as far as to say that if bulls don’t “step on the gas” for the crypto soon, a 25% drop may follow. Although the asset is breaking higher over the past 24 hours, analysts say that altcoins will underperform if Bitcoin starts moving once again. XRP Could Face Steep Reversal, Analysts Fear XRP is finally breaking higher after Bitcoin and Ethereum underwent their respective rallies. In the past 24 hours, the popular altcoin has gained 8.5% against the dollar and 9% against BTC — one of the best daily performances for the asset in a…

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