Millions

Polkadot

Show

Notable

<p>Notable <a href="https://twitter.com/egragcrypto/status/1758078742830706842?t=ciJa7oav43_zsGbGZVnUbQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency analyst Egrag Crypto (@egragcrypto)</a> posted an insightful technical analysis of XRP’s price chart on Twitter this week.</p>
<p>Egrag Crypto notes that XRP’s 2-week candle appears stuck between the 21 EMA and 55 MA. While the downside risk sits around $0.45, closing above $0.60 is seen as crucial since it would mean overtaking the 21 EMA on the 2-week timeframe and surpassing a key resistance level.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="436" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-1024x436.png" alt="" class="wp-image-439044" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-1024x436.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-300x128.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-766x326.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-1536x654.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-2048x872.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-352x150.png 352w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-822x350.png 822w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590-788x335.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-590.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong>Mega Move Potential </strong><br>Egrag suggests this range-bound movement could be the prelude to a historic “mega move” breakout 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> for several reasons:</p>
<ol>
 <li>It would complete a ‘W’ price formation</li>
 <li>It would finalize an ascending triangle pattern</li>
 <li>This breakout could fuel a 500% price increase from current levels, sparking further gains</li>
</ol>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong>7000% Price Surge? </strong><br>While a 7000% XRP price surge may seem unlikely to many, Egrag argues that once real-world utility kicks in, such exponential growth could just be the beginning of a longer trend. The analyst urges the XRP army to “stay steady” since the XRP Ledger is gearing up to transform global finance.</p>
<p><strong>Large XRP Buy Order Supporting this Bullish Outlook </strong><br>Lending further credibility to the possibility of an imminent XRP breakout is a sizable buy order recently executed by popular cryptocurrency <a href="https://twitter.com/DrProfitCrypto/status/1758318524458573838?t=t3atACJPpqvtFzQW8ivwbw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">analyst and trader, Dr. Profit.</a></p>
<p>In a tweet, Dr. Profit shared that he purchased $500,000 worth of XRP tokens at $0.56. This latest purchase builds upon his existing long-term position in XRP which he began accumulating as far back as January 2021 at an average price of $0.32.</p>
<p>Taking a step back, this strongly suggests that Dr. Profit maintains a highly bullish multi-year outlook on the price performance of XRP. By committing additional capital at the current levels, the trader is signaling a high-conviction view that XRP remains undervalued relative to its longer-term growth potential.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/polkadot-dot-teeters-on-the-cusp-of-a-breakout-can-it-surpass-resistance-at-this-key-level/" target="_blank" rel="noopener noreferrer nofollow">Polkadot (DOT) Teeters ‘On the Cusp of a Breakout’: Can It Surpass Resistance at this Key Level?</a></li>
 <li><a href="https://captainaltcoin.com/ethereum-finally-strengthening-analyst-reveals-when-eth-will-start-to-surge-amid-favorable-price-action/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Finally Strengthening, Analyst Reveals When ETH Will Start to Surge Amid Favorable Price Action</a></li>
 <li><a href="https://captainaltcoin.com/bespoke-crypto-streaming-platform-deestream-dst-takes-further-tether-usdt-polkadot-dot-investment-as-30x-capable/" target="_blank" rel="noopener noreferrer nofollow">Bespoke Crypto Streaming Platform Deestream (DST) Takes Further Tether (USDT) &amp; Polkadot (DOT) Investment As 30x Capable</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" 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-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </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/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ripple-could-finally-surge-7000-after-this-21ma-and-55ma-breakout-xrp-investor-continues-loading-up/" rel="noopener noreferrer nofollow">Ripple Could Finally Surge 7000% After This 21MA and 55MA Breakout, XRP Investor Continues Loading Up</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple Could Finally Surge 7000% After This 21MA and 55MA Breakout, XRP Investor Continues Loading Up

Table of Contents

CaptainAltcoin

Other articles published on Feb 16, 2024

Best Life-Changing Cryptocurrency to Buy Before It’s Listed on Exchanges

Fed Leaders Signal Cautious Approach to Interest Rate Reductions

Worldcoin Whale Adds Millions In Profits As WLD Price Soars Over 20%

Three Meme Coins Traders are Looking at For 20x Gains in 2024: Pepe (PEPE), Bonk (BONK), and Nugg...

3 Kripto Menarik di 2024

Shiba Inu Investors Set Their Sights on the Next Crypto Gem: Pandoshi (PAMBO)

Join our free newsletter for daily crypto updates!