The post XRP Could Climb to $10 Using Kangaroo, Gaussian, EMA, and Elliott Wave Strategy: Analyst appeared on BitcoinEthereumNews.com.

XRP may be warming up for a strong price rally, with market analyst EGRAG pointing to a mix of technical tools that could drive it to two digits.  In his latest analysis, EGRAG tied together three charts using the Kangaroo Technique, the Gaussian Channel, the 21-week Exponential Moving Average (EMA), and Elliott Wave Theory. His analysis presented how these indicators all point toward an ongoing consolidation that may soon flip into an uptrend. The Gaussian Channel, Kangaroo Technique, and 21 EMA EGRAG’s first chart shows XRP holding above the top line of the Gaussian Channel, currently at $1.75. He sees this price level as critical. If XRP stays above it on a weekly close, it keeps the bullish trend alive. However, a close below that line could signal the start of a deeper pullback.  On the same chart, EGRAG placed kangaroo icons to mark other important zones: one near $0.06 and another around $3.40. Notably, the kangaroo icon at the $0.06 zone in 2017 aligned with a launchpad to the $3.8 all-time high later that year.  XRP Gaussian Channel and 21 EMA | EGRAG Crypto Notably, the appearance of another kangaroo icon at the recent $3.4 high suggests this price could also serve as a launchpad. EGRAG also highlighted the 21 EMA, which appears just below the current price and confirms a bullish tone as long as XRP doesn’t fall under it.  Further, he mentioned a pattern from 2017 that shows a buildup before the breakout to $3.8 in January 2018. According to him, XRP could repeat this pattern if a breakout occurs in July. However, if XRP fails to rally in July, he believes the market may move sideways for up to 110 days. XRP Elliott Waves Eye $10 Target Meanwhile, in the second chart, EGRAG pointed to $2.33…

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Filed under: News - @ June 23, 2025 4:25 pm