The post XRP Price Prediction: Analysts Foresee 360% to 600% Surge Amid Bullish Ripple News appeared on BitcoinEthereumNews.com.

Crypto analysts are increasingly bullish on XRP’s price trajectory, forecasting potential gains between 360% and 600%. Market experts attribute these optimistic projections to strong technical patterns and favorable legal developments despite recent price fluctuations. Bullish Patterns Indicate a Potential XRP Rally Renowned crypto analyst Egrag Crypto has identified a key bullish indicator on XRP’s chart—an Inverse Head and Shoulders (H&S) pattern. According to Egrag, this formation could propel XRP to $4.60, provided the price maintains crucial support levels. “The pattern remains valid until April 20, 2025, making the coming weeks pivotal for XRP’s trajectory,” he noted. The newly formed head and shoulder pattern could propel the XRP price to $4.60. Source: EGRAG CRYPTO via X For XRP to sustain its bullish momentum, it must hold support at $2 and reclaim $2.65 as a stable level. If achieved, the next resistance point stands at $3, with a successful breakout potentially driving the price toward the $3.73–$3.90 range. Should bullish momentum persist, the ultimate target of $4.60 may come within reach. However, Egrag cautioned that such a move could trigger a distribution phase, where major holders sell off their assets, potentially leading to a price correction. XRP is targeting $27 in the long run, with a breakout from a ‘W’ formation and a month of parabolic price movements ahead. Source: EGRAG CRYPTO via X As XRP continues to garner attention, investors are closely watching key technical levels and market developments that could dictate its next major move. Diverging Views: Peter Brandt Warns of a Bearish Reversal While the majority of analysts believe XRP is going to trend upwards, Peter Brandt, a veteran trader, warned of a possible drop. He identified a traditional Head and Shoulders pattern on the XRP daily chart that would see it drop to $1.07 if key support levels…

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Filed under: News - @ March 30, 2025 3:23 pm