The post Analyst Predicts XRP Price Breakout To $3, Here’s When appeared on BitcoinEthereumNews.com.

Crypto analyst Mikybull Crypto has provided a bullish outlook for the XRP price despite its recent pullback. The analyst predicted that XRP could record a price breakout to $3 this month. XRP Price Breakout To $3 Could Happen This Month In an X post, Mikybull Crypto stated that the XRP price is imminent as the chart looks ready. His accompanying chart showed that the price breakout to this target could happen this month. The chart also showed that XRP could rally to $3.2, continue its uptrend, and reach the Fib 1.618 level at $3.7. This could ultimately pave the way for the crypto to reach its current all-time high (ATH) of $3.84. Crypto analyst CrediBULL Crypto also provided a bullish outlook for the coin. He stated that XRP/BTC is just a few percent away from his local downside target, where he expects a bounce and continuation up. The crypto analyst added that this means that the Bitcoin price would need to experience a pullback quickly if XRP is to drop to earlier entry points. If not, it will just rip up from here. A Pullback To $2 Is Still On The Cards Crypto analyst CasiTrades predicted that the XRP price could still witness a pullback to as low as $2 before a continuation of the uptrend. The analyst stated she is growing more confident in the E wave, targeting the bottom support at $2.08. The analyst further remarked that the Ewave down aligns closely with BTC forming a C wave down. She added that the top trendline was recently tested and met with resistance. The Relative Strength Index (RSI) is forming a bearish trend, indicating downside momentum is building. However, in the long term, CasiTrades is still bullish on XRP’s future trajectory. Despite how bearish the RSI currently is, she…

---

Filed under: News - @ January 8, 2025 1:18 am