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XRP Rally Is in Its “Final Stage,” Warns Veteran Trader with an $8-$13 Target


by Peter Mwangi
for CoinEdition

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Technical analysis from trader Tony Severino warns that the current XRP price rally may be in its final stage.
  • A veteran trader warns that the current XRP rally is approaching its “final stage.”
  • His analysis points to a potential peak between $8 and $13 within the next 40 days.
  • Other analysts have outlined scenarios for a severe, 85-97% correction after the peak.

Veteran trader Tony Severino is issuing a major warning for XRP holders; that the current rally may be approaching its “final stage.” While he’s bullish on the token’s immediate upside, he’s urging traders to have a clear exit strategy in place for what he’s calling a “glorious finale.”

Severino’s latest outlook suggests that XRP could complete its “final wave” within a 40-day window, reaching a peak somewhere between $8 and $13. His analysis points to this peak happening by late August or early September. This comes as other, more aggressive forecasts have suggested targets as high as $50 to $99 by the end of the year.

But first: Before we can even talk about $8, the price has to clear its next majo…

The post XRP Rally Is in Its “Final Stage,” Warns Veteran Trader with an $8-$13 Target appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.206

-10.2%

$ 1.92

-9.81%

$ 0.0148

-7.50%

$ 0.00...361

$ 0.00163


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Coins

$ 0.206

-10.2%

$ 1.92

-9.81%

$ 0.0148

-7.50%

$ 0.00...361

$ 0.00163


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XRP Rally Is in Its “Final Stage,” Warns Veteran Trader with an $8-$13 Target


by Peter Mwangi
for CoinEdition

Share:

Technical analysis from trader Tony Severino warns that the current XRP price rally may be in its final stage.
  • A veteran trader warns that the current XRP rally is approaching its “final stage.”
  • His analysis points to a potential peak between $8 and $13 within the next 40 days.
  • Other analysts have outlined scenarios for a severe, 85-97% correction after the peak.

Veteran trader Tony Severino is issuing a major warning for XRP holders; that the current rally may be approaching its “final stage.” While he’s bullish on the token’s immediate upside, he’s urging traders to have a clear exit strategy in place for what he’s calling a “glorious finale.”

Severino’s latest outlook suggests that XRP could complete its “final wave” within a 40-day window, reaching a peak somewhere between $8 and $13. His analysis points to this peak happening by late August or early September. This comes as other, more aggressive forecasts have suggested targets as high as $50 to $99 by the end of the year.

But first: Before we can even talk about $8, the price has to clear its next majo…

The post XRP Rally Is in Its “Final Stage,” Warns Veteran Trader with an $8-$13 Target appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.206

-10.2%

$ 1.92

-9.81%

$ 0.0148

-7.50%

$ 0.00...361

$ 0.00163


Share:

In This News

Coins

$ 0.206

-10.2%

$ 1.92

-9.81%

$ 0.0148

-7.50%

$ 0.00...361

$ 0.00163


Share:

Read More

XRP ETF Surge: Institutions Are Pouring In, Yet $2.03 Support Looms

XRP ETF Surge: Institutions Are Pouring In, Yet $2.03 Support Looms

It has been an unusually busy stretch for XRP, and it all started with the Canary XRP...
XRP Network Design Faces New Questions as Native Staking Debate Resurfaces

XRP Network Design Faces New Questions as Native Staking Debate Resurfaces

XRP’s long-standing role in enabling the movement of liquidity across the global fina...