Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When
The post Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When appeared on BitcoinEthereumNews.com.
Crypto analyst CryptoBull recently highlighted a bullish pattern that could send the XRP price to three figures. However, the analyst failed to give an exact timeline for when this massive rally would occur. XRP Price To Hit $154 CryptoBull mentioned in an X (formerly Twitter) post that that chart shows that XRP will rise to $154. The analyst highlighted an ascending broadening wedge, which he expects XRP to break out from as it makes this parabolic move to the upside. To confirm his bullish sentiment, CryptoBull also reposted the analysis of two other crypto analysts who suggested that XRP could experience a price breakout soon. Related Reading Source: X One of these analysts is Javon Marks, who recently mentioned that something is brewing for XRP. He shared a chart that highlighted a bullish divergence that had formed for XRP. Marks had previously predicted that XRP could rise to as high as $200. He claimed that XRP “may be more than poised” to rise to this price level based on his Full Logarithmic follow-through analysis Marks also alluded to the 2017 bull run, when XRP saw a price increase of over 108,000%, revealing that XRP has since set up and broken out of its “largest resisting structure ever.” Crypto analyst CasiTrades is the second analyst whose analysis CryptoBull reposted. CasiTrades predicts that XRP can rise to as high as $13, seeing how it has consolidated for six years. She also raised the possibility of XRP rising to as high as $80 when it breaks out of the consolidation triangle. Crypto analyst JackTheRippler also predicted that XRP could rise as high as $100 soon enough. However, unlike CryptoBull, the crypto analyst didn’t allude to the charts but singled out the Securities and Exchange Commission’s (SEC) case against Ripple as the factor…
Filed under: News - @ May 27, 2024 8:26 pm