Based

2024

Coin

<ul class="news-points">
 <li>Crypto analyst predicts an XRP bullish breakout soon.</li>
 <li>XRP’s next move would mimic the 2017 bull run.</li>
 <li>Historical data suggest XRP could reach $80 by 2025.</li>
</ul>
XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst.
Based on technical analysis shared on social media platform X, Amelie predicts that XRP could soon surpass $1 and potentially establish a new price floor at that level.
<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">
 Imagine selling <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> now… You never know when we’ll take off to the moon and you’ll never see XRP under $1 again – I am ready for life-changing gains! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/pXCNOeukJ2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pXCNOeukJ2</a>— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) <a href="https://twitter.com/_Crypto_Barbie/status/1806726826485481698?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 28, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Amelie shared a screenshot of a weekly XRP chart, showcasing various analysis tools, including sideways triangle patterns and Fibonacci resistance levels. The chart illustrated XRP’s historical price trends and pinpointed crucial levels, including a symmetrical pattern that could potentially repeat, triggering a bull run.
Amelie’s screenshot encompassed XRP’s entire price history, dating back to the pre-2014 era. The analysis divided XRP’s life cycle into two symmetrical…
The post <a href="https://coinedition.com/this-crypto-analyst-says-xrp-could-hit-80-heres-why/" rel="noopener noreferrer nofollow">This Crypto Analyst Says XRP Could Hit $80: Here’s Why</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

This Crypto Analyst Says XRP Could Hit $80: Here’s Why

Coin Edition

Otros artículos publicados el 29 jun 2024

Is the Metaverse Token Hype Fading Away?

Solana Memecoin Playboy Biden Rallies 169% and Will Surge Another 11,000%, As It Looks to Challen...

Investors Eye Qubetics Whitelist as Regulators Target Ripple while Network Issues Haunt Tron

Staking Under Fire: SEC Sues ConsenSys Over Lido & Rocketpool

U.S Bitcoin ETFs See Positive Momentum Despite BTC Price Struggle

U.S. Treasury Issues Crypto Tax Regime For 2025, Non-Custodians Need To Wait

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!