Harry announced that the near-term outlook is not good for short- and medium-term traders, as the price of XRP is expected to rise sharply.
The trader believes that the second bearish correction wave for this asset has recently ended. Since June 2022, XRP had been forming a double-bottom pattern, which was supposed to be a pivot point and confirm the end of the second wave.
According to a trader, now is the time when hedge funds will buy XRP because the closing price has now exceeded the closing price of the last 30, 60 and 90 days.
Moreover, Harry believes the third wave has started and the sentiment of the market makers will be more in line with the sentiment of retail coin holders.
If the expert is right, traders and investors will be able to profit. Harry thinks there will be a rise in the price of XRP in May, as bullish continuation patterns are forming on the charts.
According to the crypto-enthusiast, the value of the token will reach $3, but it will take some time.
During the day on Sunday, April 30, XRP is trading at $0.47523. Over the past week, the exchange rate of BTC and some other altcoins turned to growth.