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Ripple has grounds for growth

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$
1
Target Price
Buy
Tip
Instrument: XRPUSDT
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Pessimism reigns over cryptocurrency markets, but Ripple has pretty considerable grounds to make back at least part of its losses.
Pessimism reigns over cryptocurrency markets, but Ripple has pretty considerable grounds to make back at least part of its losses.

Analyst's technical analysis background of the idea

Buy if the price surpasses the technically important resistance level of 0.4495

Analyst's fundamental analysis background of the idea

Ripple Labs CEO Brad Garlinghouse is exploring the possibility of an initial public offering once the SEC's court case again Ripple wraps up.

Large Ripple holders holding between 1 million and 10 million XRP are continuing to accumulate and are maintaining the highest percentage of the asset's share in two months.

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