XRP Remains Bullish: Crypto Experts Unveil Predictions For The Price
24 Septembre 2024 - 7:00PM
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Crypto experts have unveiled their bullish XRP price predictions
despite the crypto’s stagnant price action. One factor that could
contribute to this projected rally is the SEC Ripple appeal
deadline which is fast approaching. If there is no appeal, it will
ultimately end the long-running lawsuit which has bordered on
XRP. Crypto Experts Reveal Their Predictions For XRP Expert
Crypto Bitlord mentioned in an X post that he believes XRP is ready
and that he expects a “parabolic explosion” to the upside within 24
hours. He advised market participants not to sleep on XRP as
millions can be made by timing this move. Related Reading:
Polygon (MATIC) To Come back From The Dead As Ascending Triangle
Appears Crypto analyst Jackis also provided a bullish prediction
for XRP. He shared an inverted chart in an X post while stating
that the breakdown will be violent, although alluding to an
imminent breakout. The chart showed that XRP could finally reach $1
when this projected breakout occurs. Crypto analyst Dark
Defender is also confident that XRP can reach $1 soon enough. He
stated that XRP is ready to tear the last weekly Ichimoku Clouds
which is at $0.6649. He predicts that the imminent move to the
upside will also eliminate the January 2018 resistance which is
above $1.03. Mikybull Crypto is another expert that is
bullish on XRP. He recently noted that a similar move from 2017
might happen for the crypto in this cycle. He remarked that history
doesn’t always repeat itself but often rhymes. 2017 was the year
when XRP enjoyed its historic 61,000% price surge in 280 days. In
another X post, Mikybull Crypto claimed that XRP has one of the
most bullish macro charts out there. The accompanying chart he
shared showed that the altcoin could, at some point, reach $45,
although that looks unlikely to happen in this market
cycle. However, crypto analysts like Egrag Crypto have
predicted that XRP’s price can reach double digits in this bull
run. Bullish Pennant On The Chart In an X post, crypto
analyst Armando Pantoja highlighted a 7-year bullish pennant on
XRP’s chart. He stated that he had never seen anything like this in
all his years of trading. In line with this, he claimed that market
participants are about to witness one of the “biggest breakouts” of
the year. Related Reading: Fed Rate Cuts Spurs $1.6 Billion
Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000? He
believes that the breakout should be parabolic considering that
XRP’s price has consolidated for these seven years. He remarked
that the charts rarely lie and that this setup is too perfect. His
accompanying chart showed that the crypto can rise to $4 when this
breakout finally happens. At the time of writing, XRP is
trading at around $0.58, down over 1% in the last 24 hours,
according to data from CoinMarketCap. Featured image created
with Dall.E, chart from Tradingview.com
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