Short, medium and long-term scenarios were discovered

The CSRP’s chart shows that it is held better than many other Altcoins and at the time of pressing XRP is for more than 1% and traded from $ 2.16. On thinking the cript podcast, Caleb Franzen, founder of cubic analyticsHe gave a detailed analysis of what happens with the KSRP and where it could go in short, medium and long-term.

Short-term prospects (next few weeks to months):

The current XRP maintains strongly above its 200-day movement of the average clouds, which sits between 1.76 and $ 1.80. This is crucial because it shows the RES resistance of the KSRP even when the crypto market shaki is expanding. Although the action price is not a super bull, the fact that the KSRP remains above this level is a good sign.

(Source: @WealthmanAgerrr)

Some tickets even hint at the possible sample of “heads and shoulders”, which could mean return. But until the XRP is above that support of $ 1.76, it’s not all bad news.

Medium-term prospects (next 6 to 12 months):

The following, XRP’s relative power is in comparison to other Altcoin. While many coins are traded below their 200-day average, the KSRP keeps its country. This could mean a possible interruption if the total market improves. If the XRP manages to break over the key resistance levels, we may see surge transmission to 3 or more. However, cautious market mood means we will have to see strong signs of bulls before we rehearse.

Long-term prospects (1 to 2 years and beyond):

Long Haul, the CSRP story is related to regulations and widespread crypts. If the market turns again, the KSRP could drive that wave. Analysts carefully observe the signs of the contained trend above the 200-day average, which could lead to a new bike driving. At best, XRP could reach $ 5 or more, but it is depending on the positive market conditions and potential regulatory clarity.