XRP Will Head For $13 Soon If The Altcoin Meets Certain Conditions — Analyst
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- A cryptocurrency market analyst has predicted a massive rally for XRP.
- The analyst believes XRP is preparing for a move toward $13.
- XRP’s monthly chart’s 21 EMA indicator is crucial for the altcoin’s next move.
A well-known cryptocurrency market analyst on X has predicted a massive rally for XRP, provided the crypto asset breaks above a notable resistance.
In his latest post, the analyst highlighted XRP’s current state, noting that the cryptocurrency is consolidating on the monthly time frame. Thus, a bullish breakout could see the digital asset head for a $13 market price.
Bullish Pattern & Fibonacci Level Highlighted for XRP
According to the analyst, XRP has formed a bullish pattern, signaling potential upward momentum. He highlighted the cryptocurrency’s price relative to the Fibonacci Circle at 1.414.
The analyst considers this level a key resistance that XRP needs to overcome before opening the way for a massive rally.
Related: XRP Price Prediction for March 5th: Can XRP Sustain Uptrend After Recent 12% Price Drop?
Analyst’s XRP Target: $8.5-$13 Initial Range, $30 i…
The post XRP Will Head For $13 Soon If The Altcoin Meets Certain Conditions — Analyst appeared first on Coin Edition.
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