XRP price is trading sideways alongside most cryptocurrencies in the market today. The coin had been trading above $0.5 until April 21, when a bearish wave pushed it below $0.45 to $0.43. The token has witnessed a slight recovery above $0.46 today.
As a result, crypto enthusiasts fear a further decline in XRP. Notably, a prominent crypto analyst shared a post responding to his friend’s forecast of XRP slumping to $0.10, but Egrag’s response was that technical indicators on XRP price don’t support such a price decline.
No Technical Indicator Supports Dropping To $0.10, Says Egrag
The ongoing market-wide downturn has caught up with XRP, its price has been gaining momentum over the past few weeks. The coin succumbed to the bearish trend, pushing it to lose its past week’s gain by 9.87%. This downturn has stirred reactions among the crypto community, with people, including Egrag’s friend speculating a drop back to $0.10.
However, Egrag reacting to his friend’s forecast, said
We współpracy z: https://www.newsbtc.com/analysis/xrp/crypto-analyst-explains-why-xrp-will-not-fall-to-0-10/
