![Best Times to Post on YouTube in 2025 [Research]](https://www.hubspot.com/hubfs/best-time-to-post-youtube.jpg)
![12 Web Design Best Practices & Guidelines for Usability in 2025 [+ Expert Tips]](https://www.hubspot.com/hubfs/website-design-1-20241121-4075840.webp)
XRP Targets $1.10 as Key Level for Explosive Rally, Analyst Says
The post XRP Targets $1.10 as Key Level for Explosive Rally, Analyst Says appeared on BitcoinEthereumNews.com. Analyst EGRAG identifies $1.10 as a critical support level for XRP’s powerful price surge. If XRP holds above $1.10, it could trigger an explosive uptrend with targets at $6.4 and $13. The analysis uses both logarithmic and non-logarithmic price projections for potential gains. According to analyst EGRAG, XRP is eyeing the $1.10 price level as a critical support zone for an explosive price surge. The analyst suggests a confirmed weekly close above $1.10 could set the stage for even more significant gains. The Critical Role of $1.10 for XRP In a recent post on X, EGRAG described the $1.10 level as an “ignition stage”—a potential launchpad for future gains if XRP closes above it on the weekly chart. “Once we confirm $1.10 as strong support, we can bid farewell to the $1 mark for good,” he commented. Using both logarithmic and non-logarithmic methods, EGRAG sets potential targets for XRP at $13 and $6.40. The $13 target is based on exponential growth patterns typically seen in volatile assets, while the $6.40 target is derived from traditional, non-logarithmic calculations. The accompanying chart shows a “cup-and-handle” formation, a bullish setup signaling a rounded bottom followed by consolidation. If validated by price action, this pattern suggests XRP could continue its upward movement. Current Price Action and Resistance Levels At press time, XRP is trading around $0.5514, having seen a modest 0.6% rise in the last 24 hours. To reach its immediate resistance of $1.10, XRP would need to more than double in price. However, a sustained move above this level could set the stage for more substantial gains. Meanwhile, the ambitious price targets of $6.40 and $13 would require substantial price surges of 1,060% and 2,257%, respectively. Given that XRP has not demonstrated the ability to stage such significant rallies in recent times, EGRAG…
The post XRP Targets $1.10 as Key Level for Explosive Rally, Analyst Says appeared on BitcoinEthereumNews.com.
Analyst EGRAG identifies $1.10 as a critical support level for XRP’s powerful price surge. If XRP holds above $1.10, it could trigger an explosive uptrend with targets at $6.4 and $13. The analysis uses both logarithmic and non-logarithmic price projections for potential gains. According to analyst EGRAG, XRP is eyeing the $1.10 price level as a critical support zone for an explosive price surge. The analyst suggests a confirmed weekly close above $1.10 could set the stage for even more significant gains. The Critical Role of $1.10 for XRP In a recent post on X, EGRAG described the $1.10 level as an “ignition stage”—a potential launchpad for future gains if XRP closes above it on the weekly chart. “Once we confirm $1.10 as strong support, we can bid farewell to the $1 mark for good,” he commented. Using both logarithmic and non-logarithmic methods, EGRAG sets potential targets for XRP at $13 and $6.40. The $13 target is based on exponential growth patterns typically seen in volatile assets, while the $6.40 target is derived from traditional, non-logarithmic calculations. The accompanying chart shows a “cup-and-handle” formation, a bullish setup signaling a rounded bottom followed by consolidation. If validated by price action, this pattern suggests XRP could continue its upward movement. Current Price Action and Resistance Levels At press time, XRP is trading around $0.5514, having seen a modest 0.6% rise in the last 24 hours. To reach its immediate resistance of $1.10, XRP would need to more than double in price. However, a sustained move above this level could set the stage for more substantial gains. Meanwhile, the ambitious price targets of $6.40 and $13 would require substantial price surges of 1,060% and 2,257%, respectively. Given that XRP has not demonstrated the ability to stage such significant rallies in recent times, EGRAG…
What's Your Reaction?
