Multiplier

Future

CRYPTO

<p>EGRAG CRYPTO, a crypto analyst, <a href="https://twitter.com/egragcrypto/status/1704043258358226990" target="_blank" rel="noopener noreferrer nofollow">shared</a> an in-depth analysis of XRP’s price behavior on a monthly timeline. The focus of the analysis is on the power of accumulation zones and their impact on the potential multipliers for XRP’s price.</p> 
<h3 class="wp-block-heading" id="the-power-of-accumulation-zones">The Power of Accumulation Zones</h3> 
<p>EGRAG CRYPTO identified five key accumulation zones for XRP, each with its own multiplier effect on the price:</p> 
<ul> 
 <li><strong>3 Months Accumulation:</strong> 3X Multiplier</li> 
 <li><strong>7 Months Accumulation:</strong> 2X Multiplier</li> 
 <li><strong>27 Months Accumulation:</strong> 14X Multiplier</li> 
 <li><strong>7 Months Accumulation:</strong> 8X Multiplier</li> 
</ul> 
<p>The total time spent in these accumulation zones is 44 months, with an average multiplier of 6.75X. The analysis suggests that the longer the consolidation period, the stronger and lengthier the ensuing breakout will be.</p> 
<h3 class="wp-block-heading" id="current-accumulation-and-future-projections">Current Accumulation and Future Projections</h3> 
<p>The current accumulation zone for <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has been ongoing for 68 months. Based on this, EGRAG CRYPTO presents four assumptions for potential price multipliers:</p> 
<ol> 
 <li><strong>Assumption 1:</strong> A 27X multiplier from the all-time high (ATH) of $3.3 would result in a price of nearly $90.</li> 
 <li><strong>Assumption 2:</strong> A 6.75X multiplier from the ATH would result in a price of approximately $22.</li> 
 <li><strong>Assumption 3:</strong> The lowest multiplier of 2X from the ATH would result in a price of roughly $6.6.</li> 
 <li><strong>Assumption 4:</strong> The highest multiplier of 14X from the ATH would result in a price of about $46.</li> 
</ol> 
<h3 class="wp-block-heading" id="personal-opinion">Personal Opinion</h3> 
<p>EGRAG CRYPTO personally believes that the longer the base, the higher the rise. The 27X surge combines all previous multipliers and is expected to be in play for the next bull market. The famous Twitter analyst strongly believes that the next bull market for XRP will mint numerous millionaires within the XRP community.</p> 
<p>It’s worth noting that while this analysis provides an interesting perspective, it’s essential to conduct your own research and consult with financial advisors before making any investment decisions.</p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"> <strong>74% of retail CFD accounts lose money.</strong> 
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc"> <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc. 
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/ripple-holders-brace-for-impact-top-analyst-forecasts-up-to-27x-xrp-price-explosion/">Ripple Holders Brace for Impact: Top Analyst Forecasts Up To 27x XRP Price Explosion</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple Holders Brace for Impact: Top Analyst Forecasts Up To 27x XRP Price Explosion

Table of Contents

CaptainAltcoin

Other articles published on Sep 19, 2023

Google Promotes High-Quality Content Creation, Acknowledges AI

Bitcoin Soars Past $27,000 in September: A Comprehensive Analysis of the Surge

Solana, XRP, Cardano See Inflows as Bitcoin Faces $45M Outflows

Petra crypto wallet is integrating Coinbase Pay

Minto Monthly Report Aug'23

Federal Judge Denies SEC’s Request to Access Binance.US Technology Infrastructure

Join our free newsletter for daily crypto updates!