John Deaton Asserts That XRP Will Survive Even a Nuclear War

Azeez Mustapha

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It is hardly a surprise that XRP has been performing exceptionally well despite the continued sanctions against Ripple. John Deaton implied in his reply to Coindesk’s tweet that XRP will survive a nuclear war because of its exceptional performance in difficult times.

It is important to note that Vitalik Buterin, the co-founder of Ethereum, has recently criticized XRP. Nonetheless, XRP continues to hold up well as its value continues to rise. At the time this article was written, the price of XRP had increased by more than 10% over the previous week.

Key XRP Levels To Watch – April 3

John Deaton Asserts That XRP Will Survive Even a Nuclear War

The overall market trend is bullish as prices rally alongside the major trendline. The rising trendline emerged due to the price’s retraction at the $3,000 psychological level. Moreover, the market has been above the 20.0 level of the Stochastic Oscillator since the beginning of the year. This shows that the market is typically dominated by the bulls.

Following the consolidation at the $0.4330 price level, a Fair Value Gap (FVG) was created as price broke out of the consolidation zone. The FVG is likely to act as a support during the ongoing correction to the downside due to the overbought state of the market.

XRP Key Levels 

Resistance Levels: $0.5600, $0.6580, $0.9130
Support Levels: $0.3000, $0.4940, $0.4330

Total Market Capitalization: $1.17T
XRP Market Capitalization: $26.22B
XRP Volume: $1.37B
Market Rank: #6

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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