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<p>Crypto trader EGRAG CRYPTO has made a bold $17 price prediction for Ripple (XRP). The forecast, shared through an updated “Bent Fork Chart” analysis, outlines key resistance levels and potential milestones for XRP’s price movement. EGRAG CRYPTO’s analysis highlights a crucial barrier and suggests that breaching the all-time high could unlock gains.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-xrp-price-forecast-strong"><strong>XRP Price Forecast</strong></h2>
<p>The analysis outlines several key milestones for XRP’s price movement. Egrag identifies $1 as a key resistance level, describing it as both a structural barrier and a psychological hurdle.&nbsp;</p>
<p>Additionally, the ATH of $3.5 is highlighted as a key threshold that, if breached, could lead to substantial gains. The trader’s updated chart includes several noteworthy predictions. EGRAG CRYPTO notes that <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 touched the 0.40c level as previously forecast.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> : The Bent Fork ($17 &amp; Historical Support) – UPDATE:<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50d.png" alt="🔍" class="wp-smiley" style="height: 1em; max-height: 1em;"> June 2023: We introduced "The Bent Fork Chart." Here's the latest scoop:<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3af.png" alt="🎯" class="wp-smiley" style="height: 1em; max-height: 1em;"> New Top Target: $17 <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a7.png" alt="🚧" class="wp-smiley" style="height: 1em; max-height: 1em;"> Key Resistance: $1 – both a structural barrier and psychological hurdle. <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3c6.png" alt="🏆" class="wp-smiley" style="height: 1em; max-height: 1em;"> All-Time High (ATH): $3.5 – breaking… <a href="https://t.co/CAdFw956Ej" target="_blank" rel="noopener noreferrer nofollow">https://t.co/CAdFw956Ej</a> <a href="https://t.co/H8IQ03tCYu" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/H8IQ03tCYu</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1810364695406326068?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>The next critical point is 0.75c, which the analyst considers a “gatekeeper” for potential upward momentum. A convincing close above this level could set the stage for a push towards the all-time high.</p>
<p>EGRAG CRYPTO emphasizes the importance of the $1 mark, reiterating its significance as both a structural and psychological barrier. The analysis also points to an equilibrium point around $1.8.&nbsp;</p>
<p>However, the most striking aspect of the prediction is the major target of $17, which represents a substantial increase from current levels.</p>
<p>In a show of conviction, EGRAG CRYPTO shared a personal strategy with followers. The trader aims to capitalize on pumps in other crypto assets, intending to rotate profits into XRP. This approach shows the analyst’s confidence in XRP’s potential in the long run.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/notcoin-surges-70-in-sluggish-market-heres-why-not-is-a-top-performer/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Notcoin Surges 70% in Sluggish Market – Here’s Why NOT is a Top Performer</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-xrp-price-action-strong"><strong>XRP Price Action</strong></h2>
<p>At the time of the writing, <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">XRP trades at $0.4353</a>, a 2.15% price rise over the last day. This modest gain aligns with the broader crypto market’s recent performance.</p>
<p>The crypto community’s response to EGRAG CRYPTO’s prediction has been mixed. Some enthusiasts view the $17 target as overly optimistic, while others see it as a possibility in a volatile market. Skeptics point to regulatory challenges and market competition as potential hurdles for such price appreciation.</p>
<h2 class="wp-block-heading" id="strong-xrp-s-potential-integration-with-european-central-bank-strong"><strong>XRP’s Potential Integration with European Central Bank</strong></h2>
<p>In other related news, another figure in the XRP community, EDO FARINA, shared insights about Ripple’s potential role in the development of the Digital Euro.&nbsp;</p>
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   <p lang="en" dir="ltr">After meeting up with Michael Barr (former <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Ripple</a>) Christine Lagarde described <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a> as a business model that “inspires confidence.”<br><br>With Digital Euro on the horizon, <a href="https://twitter.com/ecb?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@ecb</a> already integrated the <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> Ledger on their payment system TIPS.<br><br>The Digital Euro could run on <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/JWHgTcesdp" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/JWHgTcesdp</a></p>— EDO FARINA 🅧 XRP (@edward_farina) <a href="https://twitter.com/edward_farina/status/1810410597617381702?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>FARINA highlighted a meeting between Christine Lagarde and Michael Barr, a former Ripple executive. According to FARINA, Lagarde described Ripple’s business model as one that “inspires confidence.”&nbsp;</p>
<p>The post also claimed that the European Central Bank has integrated the XRP Ledger into their payment system, TIPS. This integration has led to speculation about the possibility of the Digital Euro running on the XRP network.</p>
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<p>The post <a href="https://captainaltcoin.com/crypto-trader-posts-viral-17-ripple-xrp-price-prediction/" rel="noopener noreferrer nofollow">Crypto Trader Posts Viral $17 Ripple (XRP) Price Prediction</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Trader Posts Viral $17 Ripple (XRP) Price Prediction

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