An analyst predicts a 70% XRP bounce from his green line buy zone, exciting long-term investors.
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In a tweet, CoinsKid, a well-known analyst and trader, has shared his thoughts of XRP price movement. He reflected on his earlier predictions, mentioning that back in March and April of this year, he had adopted a short-term bearish outlook for XRP and aimed for a retest of the green line.
Way back in March / April this year I did flip short term bearish for #xrp and was targeting the green line retest.
So far this is playing out, We have seen a beautiful 70% bounce in 5 waves from my green line buy zone for #xrp!
I wish you all the luck in the world CKC, but… pic.twitter.com/cFNSBDhxdp
— CoinsKid (@Coins_Kid) September 5, 2024
XRP 70% Bounce Sparks Renewed Optimism Among Investors
So far, CoinsKid prediction looks to be going as intended. According to him, XRP has experienced
