At the time of writing, the king cryptocurrency finds buyers at $97,800 and altcoins are experiencing slight losses. The recession in the markets increased as volumes weakened further on Sunday. BTC continues to find buyers around $98,000. So, leaving aside short-term movements, what are the current price targets for MOVE and XRP Coin?
XRP Coin and MOVE Price Target
The analyst with the pseudonym Daan Crypto Trades updated his previous MOVE Coin chart analysis today. In the chart he shared on the first day of January, he wrote that he expected a recovery from the last bottom. Then we saw the price climb from $0.85 to over $1 again.
The person sharing the chart below expects the rise to continue up to $1.23. Possible retracement points are also marked on the chart.
“MOVE He had a solid break. “There’s still a pretty clear upward trend throughout these big waves.”
XRP Coin It’s stalled at $2.35 and is down nearly 4 percent on the day. The fact that the BTC price moved away from the $ 99,000 threshold was effective in this. The analyst with the pseudonym Faibik says that another rally is about to begin for XRP Coin. In the chart he shared, $ 3.66 is targeted by exceeding the breakout area where the current price is close.
If he’s right XRP Coin It may increase by 50 percent.
Short Term Crypto Predictions
Analyst with the pseudonym Rover in the short term BTC He thinks that the price will inevitably reach 110 thousand dollars. The analyst, who writes that intermediate declines may occur, thinks that the route clearly points to six-digit prices.
Daan addressed the issue of excessive focus on short-term movements and wrote:
“Short-term predictions can be fun, but they are rarely realizable and few people are consistent about them. I would recommend focusing on the medium/long time frame and not worrying too much about short term price movements. The higher the time frame, the easier it is to maneuver.
Last year, after ETFs went live, people were calling for a return to $10,000. We saw how this turned out. There are many examples like this throughout the cycle and in each previous cycle.
Create your own plan and stick to it. You’d be surprised at how much noise there is from X/Twitter or elsewhere. That’s also why I recommend always preparing a profit-taking plan in advance. Before enthusiasm takes over you.
“This year will be interesting.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
