Crypto analyst Ekrag Crypto, the XRP price is quite ambitious. Analyst attracted the attention of investors by claiming that the XRP could reach $ 110 in the next bull cycle. Especially in the current cycle, the analyst indicating that double -digit price levels are possible, explained when this rise will take place.
XRP is expected to reach $ 110 in the bull cycle
Ecrag Crypto said that the XRP price on social media sharing will reach double households in the current bull cycle. According to the analyst’s graphics analysis called “Just Do It ,, price movements confirmed the expected model. In the current cycle, the XRP seems to be able to rise to $ 13.
On the other hand, the analyst said that the XRP could rise up to $ 110 in the next bull cycle. This estimate is based on the “Cup and Handle” formation in the XRP’s graphics. Analyst said that this formation signal signal and could lead to a major explosion in the bull market.
Short -term target: 4 dollars and above
Another crypto analyst Mikybull Crypto said that XRP could reach $ 4 this month this month. The graph shared by the analyst envisages an increase up to $ 5.5 after a $ 4 target.
Another analyst named Dark Defender said that XRP approaches the end of the consolidation process in the daily graph. According to the analyst, the XRP price may break the resistance level of $ 5.85 after this consolidation wave. Short -term targets include $ 5.85 and $ 8.76.
Critical support and resistance levels in XRP price
Casitrades Analyst said that the XRP is still under consolidation and that the price movement meets the expectations of Wave 4. Analyst said the price expects the price to find support at the levels of 1.92 and $ 1.88. He stressed that these levels have Fibonacci extension and correction levels.
According to the analyst, a C wave may occur towards $ 2.92 if the XRP price remains above these levels. However, in case of a decrease below $ 1.88, the price is likely to decline to $ 1.53. Etongate Crypto said that the XRP price could fall up to $ 1.4, but it would create an opportunity to buy.
XRP: Is the new summit possible?
The common opinion of crypto analysts is that the XRP price can reach $ 13 in the current cycle. In the long run, the target of $ 110 is considered a remarkable opportunity.
Technical indicators and market dynamics show that XRP is preparing for a large rally.
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