Anticipating a Move to $2.7 Before Potential Decline
2024-12-03

I don’t believe it’s the right time for XRP to drop significantly. Instead, I expect the price to rise toward $2.7 before any potential move down to the $2.0 level.

Reasons:
Distribution Requires Time and Momentum: Buyers who entered near the bottom need sufficient time and upward momentum to offload their positions before we see a significant downward movement.
Current Bullish Momentum: The price action suggests there is still room for further upside, with stronger resistance expected at higher levels.