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XRP Price Prediction: Technical Analyst Tim Warren Weighs In

XRP Price Prediction: Technical Analyst Tim Warren Weighs In thumbnail

XRP Price prediction: Will Ripple’s XRP keep going up? And by how much? Tim Warren shares some of his insights.

Technical Analyst Tim Warren hosts a crypto show on the Coffee N Crypto channel. Warren recently spoke about what the future holds for XRP.  

He says, “There’s really no telling what XRP could do because of how long it’s been suppressed. Just like a spring – when you squeeze it you can make it really small. But the minute the pressure comes off, who knows where that spring is going to go? So for those reasons I’m not looking to trade, and get in and get out. I’m just saying how much can I get in?”

Warren also adds that it is hard to know when that spring is going to be released. “I will say I’m an XRP bull, and I believe in XRP long term. I think it’s going to be one of the biggest cryptocurrencies for the rest of its existence.”

XRP price prediction in the bear market

Warren says that when Bitcoin (BTC) crossed below $35,000 he began to move a lot of his holdings out of altcoins, and back into what he calls ‘the big three’ – Bitcoin, Ethereum and Cardano.

“I think those are the big three. They’ve been the big three for a while and I think down the road, they’re going to look that way. But I’m starting to expand back out a little bit and take advantage of some low prices because I want to make sure I don’t miss an opportunity.”

Warren says that the XRP price lately has been really interesting. “XRP could potentially climb as high as 65 cents, almost pushing towards 68 cents, but there’s a couple of things to keep an eye on here. The bears are asking, can we break through that level of 60 cents? If so, we’ll gain some traction. That could lead to a nice rally for XRP. And I know we are all expecting it, with the suppression they’ve had with the lawsuit.”

But looking at it from a chart’s perspective, he says if we break through it, this could send it back up towards $1.88. “I am really excited about what’s happening with XRP.

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