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<ul>
 <li>Crypto analysts rush to finger out when the market will pump following the dip.</li>
 <li>Rising price analysis pops up, specifically in the XRP community.</li>
 <li>Seasoned XRP analysts explain how this is a golden opportunity to accumulate.</li>
</ul>
<p>Amid what’s looking like a market recovery, analysts are scrambling to figure out where crypto price charts will take us next. In particular, prominent crypto analysts are focusing on XRP. In particular, Egrag Crypto makes a claim.</p>
<p>He says XRP is witnessing a significant market ‘Kaboom’, the 3rd kaboom specifically. Taking the XRP market cap as a focus, Egrag Crypto delves into technical indicators and market sentiments to predict the asset’s next move.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Market Cap – The 3rd Kaboom <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Let's dive into the Monthly Time frame and observe how price action interacts with the 21 EMA. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>The <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> price has been dancing around the 21 EMA for quite some time, forming several shy monthly candles. But when the Kaboom or God… <a href="https://t.co/asxdBYd3h7" rel="noopener noreferrer nofollow">pic.twitter.com/asxdBYd3h7</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1786302356352548986?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 3, 2024</a>
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<p>Adding to this comprehensive analysis are two other seasoned crypto traders, JD and Casi. Together their <a href="https://twitter.com/jaydee_757/status/1785844785510858996" target="_blank" rel="noopener noreferrer nofollow">analysis spells a fortunate time</a> for XRP. The first factor addresses a monthly time frame analysis.&nbsp;</p>
<p>Here the interaction between XRP’s price action and the 21 EMA on the monthly timeframe reveals a period of consolidation. Yet, this is a bullish sign for the expected kaboom in XRP price value. The next factor explores XRP potential against BTC.&nbsp;</p>
<p>This points to a bounce off a 7-year trendline showcasing a potential hidden bullish divergence, and a likely bullish cross of the MA line by the RSI. Put together, the factors collectively suggest a possible life-changing move for all XRP holders.</p>
<p>Lastly, the third factor is XRP’s strategic positioning amid volatility. Here, the analysts suggest <a href="https://twitter.com/jaydee_757/status/1786064871395827903" target="_blank" rel="noopener noreferrer nofollow">emotional reactions</a> from retail investors and seasoned traders will contribute to the asset’s strategic positioning.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Update! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Locally <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> had a nice bounce off the .5 retrace level fib, so it's holding bullish momentum! Overall the plan has not changed. a massive move is coming!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Everything is in view now- Both Key Resistances, the apex of the triangle… <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/23f0.png" alt="⏰" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Just a reminder that these… <a href="https://t.co/3hR9fbcH1m" rel="noopener noreferrer nofollow">pic.twitter.com/3hR9fbcH1m</a></p>— CasiTrades <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CasiTrades) <a href="https://twitter.com/CasiTrades/status/1786017193055936709?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 2, 2024</a>
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<p>In addition, Casi says that this is a time to hold or accumulate. Specifically for those traders who bout the top, this is a golden opportunity to accumulate lows and averaging your entry. She advises to accumulate every dip instead of complaining about top entries.</p>
<p>All in all, these analysts show incredible faith in the potential of a <a href="https://cryptonewsland.com/when-will-ripple-xrp-hit-13-insider-insights-on-elliott-wave-pattern-suggests-impending-surge/" target="_blank" rel="noopener noreferrer nofollow">massive XRP bull run</a>. This is nothing new for the XRP Army who have been holding for years to finally have their bullish outbreak. Is now finally the time to see <a href="https://cryptonewsland.com/xrp-will-hit-96-after-ripple-vs-sec-case-ends-rumor-has-it/" target="_blank" rel="noopener noreferrer nofollow">XRP price at $9, $13, $27 or even higher</a>?</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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 <li><a href="https://cryptonewsland.com/bitcoin-has-been-at-a-standstill-for-4-days-heres-whats-ahead/" rel="noopener noreferrer nofollow">Bitcoin Has Been at a Standstill for 4 Days. Here’s What’s Ahead</a></li>
 <li><a href="https://cryptonewsland.com/xrp-whales-make-waves-76-6m-tokens-shifted-whats-next/" rel="noopener noreferrer nofollow">XRP Whales Make Waves: 76.6M Tokens Shifted – What’s Next?</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-enters-bullish-accumulation-phase-btc-price-100000-loading/" rel="noopener noreferrer nofollow">Bitcoin Enters Bullish Accumulation Phase, BTC Price $100,000 Loading</a></li>
 <li><a href="https://cryptonewsland.com/xrp-army-anticipates-massive-surge-as-price-predictions-soar-55x/" rel="noopener noreferrer nofollow">XRP Army Anticipates Massive Surge as Price Predictions Soar 55X</a></li>
 <li><a href="https://cryptonewsland.com/whats-a-daolationship-and-why-is-consensys-having-one/" rel="noopener noreferrer nofollow">What’s a DAOlationship and Why is ConsenSys Having One?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/impending-kaboom-awaits-xrp-army-analysts-explain-whats-next-for-the-asset-9-loading/" rel="noopener noreferrer nofollow">Impending Kaboom Awaits XRP Army, Analysts Explain What’s Next for the Asset, $9 Loading?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Impending Kaboom Awaits XRP Army, Analysts Explain What’s Next for the Asset, $9 Loading?

Crypto News Land

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