Market analysts predict a massive rally for XRP, with a bullish crossover signaling a 'Kaboom Cosmic Ignition' for its market cap. Read more on CT.
- EGRAG CRYPTO spots bullish crossover in XRP's chart, hinting at a potential 'Kaboom' surge in market cap.
- While XRP's price rose 2.94% in 24h, analysts like XRP Bags see a trillion-dollar market cap as just the start.
- As XRP stands strong with a $37.6B cap, a close above $51.3B could mark a historic turn.
The digital currency sphere is abuzz as Ripple's XRP garners bullish forecasts from market experts. EGRAG CRYPTO, a renowned crypto and market analyst on the X platform, suggest a significant upswing on the horizon for XRP's market cap.
EGRAG CRYPTO has identified a key technical indicator in the two-week chart: the 21 EMA has crossed over the 55 MA, a bullish crossover that, in the past, has foreshadowed massive price surges. Historically, such crossovers have been the starting gun for what the analyst refers to as "Kaboom" phases.
Read full article at CryptoTale.