Analyst Who Predicted Current XRP Price Breakout Shares Insights on What Lies Ahead

Crypto analyst Alan Santana, who has remained bullish on XRP’s price and had predicted a bull breakout for the token, recently revealed what to expect from the token after seeing his prediction play out, following the price rise experienced in the crypto market lately.

Previous Prediction And Analysis

Santana’s earlier forecast was dated October 13, when the crypto analyst took to TradingView, a renowned crypto charting and social platform, to reveal his observations on XRP’s price movement. 

Notedly, at that time, XRP was trading at about $0.48, and the United States Securities and Exchange Commission (SEC) still seemed poised to continue with its legal battle with Ripple.

Read Also: Top Crypto Proponent: XRP Price Above $27 Is Not A Matter of “If” But “When”

In the previous disclosure, the crypto chartist noted that XRP’s price as of then was an avenue to accumulate at discounted prices. He made another revelation on October 16, remarking that XRP still boasts a strong growth capability.

Finally, on October 20, after the SEC dropped all its allegations against Ripple, which marked another landmark victory for XRP, Santana stated that the victory would set XRP on the path of a 150% rally. 

At the time of writing, XRP’s data on CoinGecko revealed that the digital asset is changing hands at $0.54, which invariably implies that the coin has surged by approximately 12.5% from the previous $0.48 price level. 

While the above percentage increase still seems far from the proposed increment by Santana, it could still be recorded as gradual progress while we await as events unfold.

Read Also: BlackRock and JPMorgan’s Strategic Entry to Ignite XRP Price Surge –Forbes

Expectations – Bullish All Through Or Stiff Resistance?

Notably, a 150% increase from XRP’s previous price of $0.48 would imply an XRP price spike to a $1.2 price level. According to the latest posts by Santana on trading view, he noted that XRP is gathering momentum as it seemed to be showing strength following the increase recorded in the crypto market.

An extract from his post read, “XRP is showing zero signs of weakness, in fact, all signals on all timeframes are becoming stronger when it comes to the bullish side.”

Santana added that with everything set in place for a potential rally, it is left for the market to do its thing and produce the anticipated follow-up. 

Referring to his shared chats, the crypto expert noted, “Just as the chart succeeded in predicting a Ripple win and major XRP rally before the event actually took place… The chart is once more saying, “forget the doubters, a higher high comes next!”

---

Follow us on Twitter, Facebook, Telegram, and Google News