The past 24 hours saw the broader cryptocurrency market go through a slight correction, with the total capitalization dropping below $4 trillion. This comes on the back of a decline in Bitcoin’s price, which is down 1.3% during the period.
As it’s almost always the case, altcoin performance is directly correlated with that of BTC but typically a lot more pronounced. That’s what we saw today as well.
ETH dropped by 4.5%, DOGE – by 4.7%, ADA – by 4.6%, and XRP – by almost 4%. But as the native coin behind the XRPL corrects, analysts are taking the opportunity to present some price predictions.
Technical XRP Price Predictions
As CryptoPotato reported, prominent and popular analyst Ali Martinez shared a chart, indicating that XRP might be on its way to the $6 mark.
To come to this price level, Martinez used Fibonacci levels drawn from the previous move. They indicat $4.17, $4.63, and $5.01 as points where the buyers might meet serious resistance. The final extension of his an
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