According to Peter Brandt, an analyst with over four decades of experience monitoring commodities markets, a surge in the XRP (XRP) token could have just begun, and fresh all-time highs for the cryptocurrency may be reached in the coming months.
The price structure of XRP is telling us that the up move will continue. Technically, although we are very bullish for this pair, it will have some corrections along the way. If you are trading the pair and you are not a long time investor, it can have several sharp drops along the way, so we advise caution.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.