in spite of XRP rug In the early stages of this bull market, Cryptocurrency expert Zack Rector shared his beliefs and stated why crypto tokens should still perform well. He ranked the tokens compared to Bitcoin to make his case clear as to why the tokens benefit from Bitcoin. please run immediately.
“XRP won't miss this bull market”
President mentioned in X (formerly Twitter) post XRP will not miss this bull market. In the accompanying video, cryptocurrency experts emphasized that: Fundamentals of Crypto Tokens This is one of the reasons why he holds this belief despite the slow price movement of XRP.The principal further added that the token and XRP Ledger (XRPL) It has some of the best fundamentals in the cryptocurrency space.
Rector asked his followers to mention other crypto tokens with better fundamentals than XRP. According to him, the only token that comes close to XRP in this respect is Bitcoin. His statement echoes the sentiments of Ripple CEO Brad Garlinhaus. recently mentioned The importance of real-world utility in driving the growth of cryptocurrencies.
On the other hand, the president hinted that: XRP recent pump As a sign of great things to come for crypto tokens. On March 11th, XRP rose to $0.74 and then saw a sharp correction.but community Given that XRP is not producing anything, one would hope that Lector's conviction is correct. important statement inside 2021 Bull Run.
As the Rector pointed out, community members' beliefs The value of the token is rapidly declining, and there is a belief that a repeat of the altcoin downturn of 2021 will eventually erode this confidence. XRP approaching or exceeding its all-time high (ATH) of $3 would be a great starting point to move forward in this bull market.
It's time for price predictions to become reality
Crypto Analysts such as Crypto Rover and Crypto Rover egrag cipher The company has so far made bullish price predictions for XRP, and it is expected to come true around this time.At his side, Crypto Rover predicted Altcoins are expected to experience a “massive breakout” in March of this year.On the other hand, Eglag predicted XRP will rise to $5 between now and April.
Other analysts like Dark Defender are also fueling expectations for XRP this season. Especially Dark Defender. recently mentioned The token’s next target is the $1.33 price mark, and it says the Fibonacci targets of $1.88 and $5.85 could be met in the coming weeks.
According to , at the time of writing, XRP is trading at around $0.686, down more than 1% in the past 24 hours. data From CoinMarketCap.
Token price at $0.68 | Source: XRPUSDT on Tradingview.com
Featured image from Bitcoin News, chart from Tradingview.com
