The post XRP’s “Big Signal” Is Coming — Top Trader Is Finally Preparing to Buy appeared first on Coinpedia Fintech News
XRP, one of the most talked-about altcoins in crypto history, may finally be catching the attention of some seasoned traders, even those who’ve never touched it before. Prominent crypto analyst VirtualBacon, just shared that he might finally buy XRP, but only if a few key signs play out.
So, what’s making him consider XRP now, after all these years?
Watching the XRP/BTC RatioVirtualBacon isn’t basing his decision on XRP’s dollar price. Instead, he’s watching how it performs against Bitcoin (XRP/BTC). Further he points out that the XRP/BTC chart has been showing weakness since 2017, forming a long downtrend.
But recently, something interesting has developed, the chart is showing signs of a rounded top with strong support at 0.000022 BTC.
I’ll buy $XRP when this happens