JUST

Skyrocketing

Vision

CRYPTO

<p>The post <a href="https://coinpedia.org/news/here-is-when-xrp-going-to-hit-5-says-crypto-analyst-egrag/">Top Analyst Predicts When XRP Will Hit $5 (And It’s Sooner Than You Think!)</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Cryptocurrency analyst Egrag Crypto has caused a stir in the <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a> community, foreseeing an impressive 800% surge, propelling XRP to $5 within the next 90 days. This forecast has raised the interest of XRP enthusiasts keen to understand the rationale behind this bold prediction.</p> 
<p>You don’t need to keep guessing though. Just read on!</p> 
<h2 class="wp-block-heading" id="h-bullish-sentiments-all-around">Bullish Sentiments All Around! </h2> 
<p>In a recent post on X, Egrag presented a bullish narrative, predicting XRP’s surge to $5 within the next 90 days. However, he sees this as just the beginning – an initial wave 1 in what he envisions as a more extended bull market unfolding over several months.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> To $5 In 90 Days:<a href="https://twitter.com/hashtag/BEAR?src=hash&amp;ref_src=twsrc%5Etfw">#BEAR</a> Market Bounce Vs <a href="https://twitter.com/hashtag/BULL?src=hash&amp;ref_src=twsrc%5Etfw">#BULL</a> Market Bounce:<br><br>In the upcoming 90 days, expect <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> to surge into the $5 range, marking the initial wave 1 of a prolonged <a href="https://twitter.com/hashtag/Bull?src=hash&amp;ref_src=twsrc%5Etfw">#Bull</a> Market, one that's likely to span several months.<a href="https://twitter.com/hashtag/XRPArmy?src=hash&amp;ref_src=twsrc%5Etfw">#XRPArmy</a> STAY STEADY JUST STAY STEADY. <br>MY DM… <a href="https://t.co/8BftCNUixC">pic.twitter.com/8BftCNUixC</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1744710286081245301?ref_src=twsrc%5Etfw">January 9, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Egrag’s confidence extends to a detailed roadmap for XRP, identifying key milestones at $1.2, $1.6, $7.5, and $13, ultimately reaching an audacious target of $27.</p> 
<p>What fuels Egrag’s optimism? He draws on historical context, specifically pointing to XRP’s phenomenal 61,000% surge in 2017. This historical precedent, according to Egrag, not only lays the groundwork for the potential $27 milestone but underscores the likelihood of a substantial and sustained uptrend.</p> 
<p>Read More: <a href="https://coinpedia.org/news/ripple-ceo-halts-ipo-plans-in-u-s-blames-secs-regulatory-environment/">Ripple CEO Halts IPO Plans in USA; “Hostile” SEC to Blame?!</a></p> 
<h2 class="wp-block-heading" id="h-egrag-s-long-term-vision">Egrag’s Long-Term Vision</h2> 
<p>Looking beyond short-term forecasts, Egrag maintains an unwavering bullish <a href="https://coinpedia.org/news/xrp-on-the-radar-as-analysts-predict-big-moves-if-bitcoin-takes-a-dip/">prediction for XRP</a>, envisioning the cryptocurrency reaching an impressive $2,500 by 2029. While encouraging patience among XRP holders, he is steadfast in his belief that the digital asset holds a promising future.</p> 
<p>Egrag’s confidence in XRP’s potential is based on thorough research into the token’s historical price movements. Additionally, he emphasizes regulatory clarity as a crucial factor, deeming XRP the “safest investment choice” from his perspective.</p> 
<h2 class="wp-block-heading" id="h-xrp-chart-analysis-levels-to-look-out-for">XRP Chart Analysis: Levels to Look Out For </h2> 
<p>Delving into the technicals, Egrag identifies $0.55 as a critical support level, expressing confidence that XRP won’t close below $0.50 weekly. Despite acknowledging potential support at $0.43, Egrag stays focused on the bigger picture, steering away from a pessimistic outlook.</p> 
<p>Currently, XRP is trading <a href="https://coinmarketcap.com/currencies/xrp/">at $0.566</a>, reflecting a 1.7% decrease in its price. However, the trading volume has experienced a notable uptick, surging by 4.8% to reach a substantial 913 million within the last 24 hours.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/xrp-bulls-gaining-strength-will-they-push-the-prices-above-0-6-this-week/">XRP Bulls Gaining Strength: Will They Push the Prices Above $0.6 This Week?</a></p>

Top Analyst Predicts When XRP Will Hit $5 (And It’s Sooner Than You Think!)

Table of Contents

CoinPedia News

Other articles published on Jan 18, 2024

SEC Postpones Decision on Fidelity’s Ethereum ETF Application

Tether now holds $2.8 billion worth of Bitcoin

How Bitcoin miners are affecting short-term prices

Spot Bitcoin ETF Not Allowed in Singapore: Report

Bitcoin Exchange Binance Announced the Listing of 4 New Altcoin Trading Pairs!

SHIB Army Embraces Ryoshi Network: A New Layer 2 Blockchain

Join our free newsletter for daily crypto updates!