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Crypto Investor Sets XRP Buy Target at This Key Entry Zone

  • Crypto angel investor Dennis Liu is waiting for a 20-23% decline in XRP/BTC ratio before making his first purchase of XRP at a target entry zone between 0.000017-0.000019 BTC ratio levels.
  • XRP has gained 12.54% year-to-date but struggles to break above the $2.50 resistance level for a sustained rally, prompting Liu to wait for better positioning.
  • Liu's analysis focuses on XRP/BTC trading pair ratio, with plans to buy if the ratio drops to the preferred range, anticipating significant rallies similar to Ethereum and Solana in the past.
  • Fundamental developments such as SEC lawsuit settlement, CME futures trading, Canadian spot ETF launch, and pending U.S. ETF filing, along with Ripple's RLUSD stablecoin gaining traction, are viewed positively for XRP by Liu.

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