XRP Is Falling, But This Analyst Feels Now Is The ‘Ideal’ Entry Point Before New Highs

XRP (CRYPTO: XRP) may have dipped on Monday, but an analyst believes this could be the “ideal” time to enter for those who have not yet invested.

Ideal Time To Buy The Dip?

The third-largest cryptocurrency by market capitalization fell nearly 4% in the last 24 hours, with trading volume jumping 48%. XRP sharply descended from the highs of $3.33 early morning to an intraday low of $3.12.

However, widely followed cryptocurrency analyst CrediBULL Crypto sees the dip as an “ideal” opportunity to enter the market.

“For those not already in, this [around $3.10] would be “ideal” entry for a position. We are just sitting above it atm but I think we probably dip into it shortly,” 

The analyst suggested a potential rebound to range highs or a new all-time high if …

Full story available on Benzinga.com