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XRP’s Chart Looks “Supper Weak”: Analyst


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All cryptocurrencies have mounted a strong recovery since the March lows, XRP included.

After bottoming at $0.11, the third-largest altcoin by market capitalization rallied 110% from the lows to find a local top near $0.24 just last week. It was a performance that effectively beat any other multi-billion-dollar asset over the same time period, save for other cryptocurrencies.


Yet, top analysts are warning that the cryptocurrency’s chart is looking bearish, despite the recovery and the expectation that Bitcoin is poised to rally higher in the coming weeks.


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