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Crypto Analyst Predicts 28,900% Rise to $154 for XRP Price, Here’s When
Cryptographic analyst CryptoBull recently highlighted a bullish pattern it could send the XRP price three digits. However, the analyst failed to provide an exact timeline for when this massive rally would occur.
XRP Price Reaches $154
CryptoBull mentioned in an X (ex Twitter) send that chart shows that XRP will rise to $154. The analyst highlighted a ascending widening wedge, from which he expects XRP to exit as it makes this parabolic upward move. To confirm its bullish sentiment, CryptoBull also reposted analysis from two other crypto analysts suggesting that XRP may see a decline price break Soon.
One of these analysts is Javon Marksthat recently mentioned that something is brewing for XRP. He shared a chart that highlighted a bullish divergence that had formed for XRP. Marks had done it previously expected that XRP could rise to $200. He said that XRP “could be more than ready” to reach this price level based on his full log follow-up analysis
Marks also alluded to the 2017 bull run, when XRP saw a price increase of more than 108,000%, revealing that XRP has since created and exited its “largest resistance structure ever.” Crypto analyst CasiTrades is the second analyst whose analysis CryptoBull has republished. CasiTrades expects XRP to rise to $13 given how it has consolidated over the past six years. He also raised the possibility of XRP reaching $80 when it exits the consolidation triangle.
Crypto analyst JackTheRippler he also predicted that XRP could rise to $100 fairly soon. However, unlike CryptoBull, the crypto analyst did not refer to the charts but spotted the Securities and Exchange Commission (SEC) lawsuit against Ripple as a factor that will push the price of XRP to such levels. He stated that XRP will reach $100 when the case ends.
XRP breakout is imminent
Crypto analyst Egrag Crypto suggested in a recent one X post that a breakout was imminent for XRP. He highlighted the “White Triangle” breakout, which he said is “aligning perfectly” with previous charts and Fib levels from 0.0702 to 0.786. He stated that the measured move for XRP should be between $1.2 and $1.5.
However, what is most important for XRP is burst from the $0.70 to $0.75 price range, which Egrag has labeled as critical breakpoints. THE cryptographic analyst he seemed confident that XRP will experience this uptrend soon, stating that the token is “ready to break out.” He added that “a mega run for XRP is on the horizon,” although retesting the breakout could be on the cards.
At the time of writing, XRP is trading at around $0.53, down more than 1% in the past 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com