Cryptographic analyzer CryptoBull recently highlighted a bullish pattern that could be sent Ripple price to three numbers. However, the analyst failed to give a specific timeline for when this massive rise will occur.
XRP price reaches $154
CryptoBull was mentioned in an X (formerly Twitter) mail This chart shows that XRP will rise to $154. The most prominent analyst A Rising widening wedge, which XRP is expected to exit as it makes this parabolic move to the upside. Confirming its bullish sentiment, CryptoBull also reposted the analysis of two other cryptocurrency analysts who suggested that XRP could face a rally. Price breakout almost.
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One of these analysts is Javon Markswhich recently Mentioned That something is brewing for XRP. He shared a chart highlighting the bullish divergence that has formed in XRP. Marx had I expected earlier That XRP could rise to $200. He claimed that XRP “may be more than ready” to rise to this price level based on his full logarithmic follow-up analysis.
Marks also hinted at the upside of 2017, when XRP saw a rally Prices increased by more than 108,000%He revealed that XRP has since established and emerged from its “largest resistance structure ever.” Cryptocurrency analyst CasiTrades is the second analyst whose analysis has been republished by CryptoBull. CasiTrades expects the price of XRP to rise to $13, noting how it has been consolidating for six years. She also raised the possibility of XRP rising to $80 upon its exit from the consolidation triangle.
Cryptocurrency analyst JackTheRippler He also predicted that the price of XRP will rise to $100 soon. However, unlike CryptoBull, the cryptocurrency analyst did not allude to the charts but highlighted Securities and Exchange Commission (SEC) The case against Ripple is the factor that will push the price of XRP to such heights. He claimed that XRP will reach $100 when… The lawsuit ends.
XRP hack is imminent
Egrag Crypto Cryptocurrency Analyst Recently suggested Share X That a hack was imminent for XRP. He highlighted the “white triangle” breakout, which he said was “perfectly in line” with previous charts and the 0.0702 to 0.786 Fibonacci levels. He claimed that the measured movement of XRP is expected to be between $1.2 and $1.5.
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However, what is most important for XRP is… Exit From the $0.70 to $0.75 price range, which Igraj described as critical breakout points. the Cryptographic analyzer He seemed confident that XRP will see this upward trend soon, stating that the token is “about to explode.” He added that “a mega run for XRP is on the horizon,” although a retest of the hack may be on the cards.
At the time of writing, XRP is trading at around $0.53, down more than 1% over the past 24 hours, according to Data From Coin Market Cap.
Featured image created with Dall.E, chart from Tradingview.com