Crypto phenomenon David Gokhshtein and bestselling author Bryant McGill talked about an altcoin project. Accordingly, two world-famous names announced that they will receive the aforementioned crypto currency. According to them, the price of the asset is signaling for a big uptrend. This asset is Ripple (XRP), the 6th largest cryptocurrency in the market.
“I am buying from this altcoin project, its price seems to explode”
According to data from CoinMarketCap, the price of XRP is down 6.75% in the last 24 hours to trade at $0.443. The altcoin tumbled after the bulls faced the $0.509 high resistance on Sept. 29. Following this, currently XRP could complete its fourth consecutive day of losses unless there is a reversal. In the decline of XRP in the last three days, the founder of Gokhshtein Media and crypto phenomenon David Gokhshtein has emerged.
Taking $1,000 and putting it into $XRP later today.
Have some more liquidity but looking for something that’s super undervalued.
Putting going to look into #NFT projects because I still believe they’ll make a comeback.
— David Gokhshtein (@davidgokhshtein) October 2, 2022
David Gokhstein explained his thoughts on the price action of XRP. Accordingly, the crypto phenomenon stated that he was “looking for something super undervalued.” He then explained that he was “considering putting $1,000 in XRP for this reason.” It looks like Gokhshtein thinks Ripple will win against the SEC in court. Therefore, he tries to add as much XRP to his wallet as possible before the expected “price boom” occurs.
“I still stand behind my rise expectation”
Meanwhile, bestseller author and social entrepreneur Bryant McGill is also on the rise for XRP. McGill referred to his previous bullish tweet about Ripple and XRP. Accordingly, the world-famous name announced to his followers that he still stands behind this view. In a recent tweet, the author replied to his own Twitter post on September 4, expressing that he stood behind what he wrote at the time. In September, McGill tweeted that the “volcano” of XRP and Ripple would erupt soon.
Like I said … And I only said it once. #XRP https://t.co/NmHxGuQyRP
— Bryant McGill (@BryantMcGill) October 2, 2022
Saying that he is still behind his tweet, the famous name added that he has been saying this for a year. McGill is one of the many book authors to tweet about XRP and Ripple recently. Last week, Anndy Lian, who recently wrote a book on NFTs, asked her community, “Should I start buying XRP or ADA, or should I stay on meme tokens?” In the meantime, there are Ripple supporters in the series community. Daniel Moncada, an actor from the television series “Breaking Bad” also tweeted that Ripple will beat the SEC in court.
How is Ripple (XRP) price performance?
XRP rebounded from $0.43 on September 28. Thus, it showed an increase in buying sentiment on dips. However, the Ripple price rally stopped at $0.509 on September 29 after encountering resistance above this level. The exhaustion combined with the declining market conditions pushed the XRP price down again. Thus, the altcoin retested the key support of $0.43 on October 3.
If the bulls make any significant attempts at $0.43 as seen in previous times, another rally attempt will push the price of XRP up 7% to $0.468. However, the bears will try to stop the recovery in the $0.48-$0.509 zone. In a highly positive scenario, XRP price will retest the $0.558 hurdle. As we have reported as Kriptokoin.com, XRP is currently trading in the form of a triangle, which represents a period of consolidation before the breakout.
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