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Analyst Who Called Recent XRP Dump Just Dropped Another Prediction

The recent sharp decline in the crypto market caught many traders, including XRP holders, off guard, but one analyst saw it coming.

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Crypto Bitlord (@crypto_bitlord), a veteran investor active since 2011, had warned the day before that a major downturn was imminent. On the same day, XRP dropped from above $3.5 to a low of $2.99, while Bitcoin fell from over $120,000 to below $118,000.

That decline caught many unprepared, especially given the strong bullish sentiment that had built around XRP following its recent climb to a new all-time high.

Will the Market Shift Again?

Now, Crypto Bitlord has followed up with another post, this time saying, “There’s about to be a big pump in crypto.” The reversal in tone from one of the space’s most seasoned voices has caught the attention of traders looking for direction.

While he didn’t specify which assets he expects to rally, many are looking to XRP as a primary candidate for an imminent surge. The analyst has previously shown interest in XRP, recently predicting a rapid surge to $12 for the asset.

Other analysts have marked the $3.65 level, XRP’s all-time high, as a crucial breakout zone. It is widely viewed as a potential launchpad for a significant continuation, possibly into double-digit territory if momentum sustains. With bulls still actively defending key support zones and accumulating during the dip, sentiment around XRP remains positive.

Technical Outlook Supports Price Recovery

The broader market setup also provides a favorable backdrop. Bitcoin appears to have found temporary support, and altcoins are beginning to show signs of strength once again. While XRP has not reached its highs from yesterday, it is trading at $3.21, showing signs of a new recovery phase.

XRP has also drawn renewed interest because of its technical structure and increasing conviction among long-term holders. A well-respected technical analyst recently drew attention to a cup and handle pattern on the digital asset’s chart, potentially targeting $7 despite the market turbulence.

Market observers will now watch closely to see whether XRP can reclaim $3.5 support level. A clear move above it could validate the bullish expectations. Crypto Bitlord’s recent track record commands respect. Having been active in the space since 2011, many consider him an expert, and multiple signs in the current market suggest that the massive pump he predicted could materialize soon.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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