Expert says XRP Won’t Just Experience a Bull Run, But a Perpetual Growth Cycle
The post Expert says XRP Won’t Just Experience a Bull Run, But a Perpetual Growth Cycle appeared on BitcoinEthereumNews.com.
Renounced XRP enthusiast says XRP will soon enter an unending upward trajectory in price and called on the community to buy the dip. XRP and other cryptocurrencies have been dumped considerably recently, putting bulls in jeopardy. Bitcoin’s 5% weekly correction has spilled into XRP, with the Ripple-affiliated token struggling to hold $0.55. This price underperformance has seen renounced experts question the validity of the expected bull cycle post-Bitcoin-halving, with Peter Brandt persistently raising concerns in that regard. However, XRP proponents have remained bullish, insisting that the asset would soar exponentially in the coming months. According to Edward Farina, a crypto enthusiast and head of social adoption at XRP Healthcare, the XRPL native token would see a perpetual cycle. For context, a perpetual cycle insinuates an unending upward trajectory for the XRP price. Expert Predicts XRP Surge In an interview at this year’s Istanbul Blockchain Week, Farina stated that XRP and the crypto market will experience a perpetual bull cycle regardless of the current market predicament. He noted that it could take some time, but the market would experience the greatest bull cycle in history. In a follow-up tweet, Farina noted that XRP would not just experience a bull run but an unending price surge. According to him, XRP proponents would look back at the current price of XRP in the future and marvel at the valuation difference. Notably, Farina didn’t place a time for this call. However, he hinted to the XRP community how to prepare for the underlying parabolic expansion. Farina Says to DCA The crypto expert urged the community to keep accumulating assets with real-world use cases in preparation for the price spike. This is in line with an expert’s advice on diversification rather than investing only in XRP. Farina pointed specifically to tokens that are down 20x…
Filed under: News - @ September 9, 2024 8:26 am