Analyst says wait for a pullback rather than chase XRP’s rebound

Vandell Aljarrah, co-founder of crypto investment analysis and consulting platform Black Swan Capitalist, said investors may be better off waiting for a further pullback rather than chasing XRP’s recent rebound, according to The Crypto Basic. Aljarrah said investors who have not accumulated as much XRP as they wanted should avoid getting swept up in the rally and instead look for a better entry point if the token corrects again. The outlet added that any further pullback would not necessarily mean a return to the August low of $0.978. XRP was trading at $1.59, up 23.96% over the past week, according to CoinMarketCap.

Source: Coinness