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Bold XRP Price Prediction of $77: Too Good to be True or a Possiblity?
The post Bold XRP Price Prediction of $77: Too Good to be True or a Possiblity? appeared on BitcoinEthereumNews.com. Crypto analyst Egrag Crypto predicts that XRP price could soar to $77 even with the current market downfall. Such analysis, according to him, has historical precedents supporting this bullish outlook. He believes the target is achievable by 2026 or even earlier. However, the broader crypto market remains bearish as Bitcoin and other cryptocurrencies decline. Source: X XRP Price Technicals Signal Possible Breakout Egrag Crypto pointed out that XRP’s Relative Strength Index (RSI) is forming a double-top pattern. This pattern often signals a potential price breakout. The analyst noted that XRP must stay above the 65 RSI level to maintain bullish momentum. If XRP drops below this level, it may touch the 14 Simple Moving Average (SMA). Historical data shows that a price surge often follows such movements. Furthermore, he analyzed the Bollinger Bands on XRP’s RSI, which currently display a wide range. According to him, XRP price usually reaches the top of this band or even exceeds it. The analyst believes market participants are not bullish enough based on past cycles. He expects XRP price could follow its historical trend and move higher. Market Crash Puts XRP Price Under Selling Pressure The ongoing crypto market crash has affected XRP’s movement. Bitcoin, Ethereum, and Solana have all seen significant declines. XRP price has also dropped in market rankings, now standing as the fourth-largest cryptocurrency. Despite these losses, XRP price still shows strength in technical indicators. Egrag Crypto predicts that XRP could see a price bounce from its current levels. He observed that XRP price has printed three green candles after seven consecutive red candles. Source: TradingView This price action suggests that a potential reversal may occur soon. He thinks that XRP needs to establish strong support to trigger a rally. XRP Price Must Hold Support Levels to Recover The analyst identified…
The post Bold XRP Price Prediction of $77: Too Good to be True or a Possiblity? appeared on BitcoinEthereumNews.com.
Crypto analyst Egrag Crypto predicts that XRP price could soar to $77 even with the current market downfall. Such analysis, according to him, has historical precedents supporting this bullish outlook. He believes the target is achievable by 2026 or even earlier. However, the broader crypto market remains bearish as Bitcoin and other cryptocurrencies decline. Source: X XRP Price Technicals Signal Possible Breakout Egrag Crypto pointed out that XRP’s Relative Strength Index (RSI) is forming a double-top pattern. This pattern often signals a potential price breakout. The analyst noted that XRP must stay above the 65 RSI level to maintain bullish momentum. If XRP drops below this level, it may touch the 14 Simple Moving Average (SMA). Historical data shows that a price surge often follows such movements. Furthermore, he analyzed the Bollinger Bands on XRP’s RSI, which currently display a wide range. According to him, XRP price usually reaches the top of this band or even exceeds it. The analyst believes market participants are not bullish enough based on past cycles. He expects XRP price could follow its historical trend and move higher. Market Crash Puts XRP Price Under Selling Pressure The ongoing crypto market crash has affected XRP’s movement. Bitcoin, Ethereum, and Solana have all seen significant declines. XRP price has also dropped in market rankings, now standing as the fourth-largest cryptocurrency. Despite these losses, XRP price still shows strength in technical indicators. Egrag Crypto predicts that XRP could see a price bounce from its current levels. He observed that XRP price has printed three green candles after seven consecutive red candles. Source: TradingView This price action suggests that a potential reversal may occur soon. He thinks that XRP needs to establish strong support to trigger a rally. XRP Price Must Hold Support Levels to Recover The analyst identified…
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