XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb
Share:
Predictions Markets
See what traders are focused on
- XRP now trades at $3.05 with Egrag Crypto calling $10.30 “The Chasm” breakout level.
- Market cap could jump to $615B if XRP clears the long-term resistance barrier.
- Futures, volume, and options data show rising bullish positioning from traders.
XRP is trading near $3.05, a 1.9% increase in the past day, which has boosted the weekly gain to 10.3%. Analyst Egrag Crypto has identified $10.30 as XRP’s projected breakout level, referring to the level as “The Chasm.”
XRP’s “Chasm” Resistance Explained
“The Chasm” is a long-term resistance line that XRP has repeatedly tested but failed to overcome in past cycles. Egrag’s chart shows several points, including 2018 and 2021, where XRP touched this upward-sloping line before retreating. The latest data places this barrier at $10.30.
Related: XRP Price Prediction: XRP Eyes $3.2 Breakout as Derivativ…
Read The Full Article XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb On Coin Edition.
Read More
XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance?
