XRP Breaks Multi-Year Resistance: Analyst Predicts $9.5 to $27 Target Range
Share:
Predictions Markets
See what traders are focused on
- XRP trades at $2.28, gaining 8.88% over the week after breaking multi-year resistance.
- Based on Fibonacci extension levels, the analyst projects XRP targets at $9.5, $17, and $27.
- XRP’s breakout past the Final Wake-Up Line signals a confirmed multi-year trend reversal.
Trading at $2.28 as of press time, XRP shows a 2.25% daily dip but remains up 8.88% over the past week. Market analyst EGRAG CRYPTO projects this price move as the early stage of a broader rally into what he calls the “Blue Ocean” zone, where targets at $9.5, $17, and $27 define the upper bullish potential.
According to the analyst, a breakout from a long-term descending triangle labeled the ‘Red Lake’ has suppressed XRP. This recent movement over this range and the “Final Wake-Up Line” is a structural shift in XRP’s long-term chart. This breakout follows XRP’s rise past the Equilibrium zone near $0.65, which acted as a median point for several prior cycles.
#XRP – Blue Ocean ($9.5 – $17 – $27)!
Yes, it’s that simple! A big green MEGA candle is on the way!My timeline has been mentioned countless times.
Right now, we’re swimming with the sharks, and remember, sharks ca…
The post XRP Breaks Multi-Year Resistance: Analyst Predicts $9.5 to $27 Target Range appeared first on Coin Edition.
Read More
British Olympian Charged for Cryptocurrency Scam and Cannabis Proliferation
