90-year Theory explains XRP Crash: What is next happening?

The CSRP suffered a sharp turnaround and deleted some of the winnings given in the fourth quarter of last year.

Ripple (XRP) Switched to a powerful bear, inserting for over 30% of its highest level this year.

This decline occurred even though the network faced numerous bullish catalysts. Stowlecoin for thinner (RLUSD) continues to acquire a market share, with a daily ox increasing to over 100 million dollars. Other players in the KSRP book, such as Coreum and Solognić, also saw more tow.

There are exits that the Securities and Exchange Commission will end the appeal of the Ripple Laboratory this year. It has already fallen Allegations against companies like UniswapCoinbasses and twins.

Furthermore, the number of XRP transactions continue to grow this year. Data from Ksrpscan It shows that the number of transactions of KSRP increased to nearly 1 million. March, a trend that can continue in the coming months.

In addition, there are signs that SEC will approve the SPOT XRP ETF later this year, a move that would grow investor inflows. JPMorgan analysts are estimated that these inflows in the first year will be worth over $ 8 billion.

Vickoff Theory explains the CRP price

The price of XRP has crossed the bear market. Why? Data showing To move the index crypto and greed to the extreme fear zone of 18. This pushes more investors to stay aside.

He also explains why other cryptocorries collapsed.

Vickoff Theory or method, which was discovered by Richard Vickoff before 90 years, also explains the recent Ripple Sales. This theory describes how property prices are moving and the following phases.

He identified four key phases: accumulation, marking, distribution and tag. The KSRP remained in the accumulation phase for three years, because it remained in the narrower range.

His increase in the rise or stage of the market, was launched in November after Donald Trump won American presidential elections. He promised to fire the regulations and name the crypting carts in seconds. This phase is characterized by greater demand from delivery.

The KSRP then entered the distribution phase soon after it was hit at the highest level this year. This phase is characterized by indecision and withdrawal and push between bulls and bears. Then he formed a head and shoulder sample whose neckline is on $ 2.

Therefore, there is a risk that the coin will move into the label phase when moving below the neckline. If this happens, there is a risk that the price of fish will fall to the level of indentation of 78.6% to $ 1,1395.