XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst

[Lenipiw]

Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump.

Yet on Saturday night, just before the weekly close, the asset underwent a strong drop, as did many other altcoins. An analyst says that this drop confirmed that a macro “bearish retest” has formed on XRP’s macro chart against Bitcoin.
Visit here: https://www.newsbtc.com/2020/08/03/xrp-could-crash-50-price-rejection/