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Tim Draper Predicts XRP Price Spike

Oct 23, 2019

Tim Draper, a well-known venture capital investor and Draper Fisher Jurvetson co-founder, expects XRP Ripple price spike in the short term. In addition, he noted that Bitcoin, which price has multiplied several times since the beginning of this year, sets the market mood. As a result, XRP should cost $ 0.6 or even $ 0.9.

Investors, however, don’t hurry to buy XRP/USDT actively. This fact provoked the market for large sales within the pair. The price dropped under the mirror level of 0.2800, indicating a clear weakness of buyers.

At the same time, the MACD technical indicator is under the zero mark. The moving averages cross, which is a sell signal.

The price will continue to move down if it crosses Fibo level 0.382.

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