Back in 2018and 2019, XRP is considered as one of the worst-performing cryptocurrencyassets by market cap.

However, inthe case of a massive rally with the help of the recent buy signal, thesuffering of XRP is about to end. The said signal is very elusive as it onlyappeared 3x on weekly price charts. Well, it’s no surprise, because Ripple fellfrom more than $3 in every XRP token.

XRP On Its Staggering 88% Drop

Back in 2017,when the cryptocurrency is on the bubble, Ripple and XRP gathered a lot ofachievements. In fact, it is one of the top-performing cryptos, which broughtan all-time high of $3.84 per XRP token.

Meanwhile, among the highlights of XRP’s existence is its listing on Coinbase. Although some traders did not accept the said listing with open arms, while others even accused Ripple of paying its right to be part of Coinbase listing, the company denied all the rumors and then continue its operations and plans.

After thehigh on weekly price charts, a so-called “sell signal” was then triggered. Thissell signal was uncovered with the help of TD9 Sequential indicated, which wascreated by Tom Demark, who happens to be a market analyst.

Based on thesell signal, the price of XRP will fall from its all-time high to 45 cents injust a matter of two months. In short, XRP will experience a staggering drop of88%.

Now, the samesell signal on the weekly price charts has flipped buy. A similar signal was triggeredtwofold downtrend for the past 2 years. Though each sell signal created ashort-lived rally, too much downtrend resistance took place. Not only that, butretracement also occurred.

However, thethird sell signal can possibly bring good news. This time, the sellers might beexhausted, while the uptrend is potentially forming. That is possible as theweekly timeframes price charts will exhibit the essential buy signal.

Experts Say, “Buy XRP Now”

According to the current projects, online magazine Smartereum claims that the value of XRP will go up to $200 or $300 range within ten years.

The online magazine also stated that Ripple would be benefitted since the price surge of XRP will also trigger less volatility. The online content reads, “Experts agree upon the notion that five the network’s popularity, well-built platform, worldwide investing interests and penetration in the media and mainstream society, Ripple is bound to grow in the short, medium, and long-term.”

On the otherside, following the next weekly close, XRP may trigger a 9-buy signal, unlessRipple can successfully break out and reach a powerful rally. In case it canbreak out against the USD without triggering the signal, Ripple can obviouslylift off to the moon once more.