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


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


by Peter Mwangi
for CoinEdition
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

Read More

Could 2,000 XRP Today Be Worth $100K by 2026?

Could 2,000 XRP Today Be Worth $100K by 2026?

XRP is trading at $2.99 at the time of writing, down from its recent highs but still ...
XRP Outlook Builds on BTC $750K Forecast, With ETFs Adding Liquidity to Market

XRP Outlook Builds on BTC $750K Forecast, With ETFs Adding Liquidity to Market

Bitcoin at $750,000; that’s the bold line from Pantera Capital’s Dan Morehead. If he’...