Based

Rally

CRYPTO

Read

<ul> 
 <li>A crypto expert predicts a potential XRP surge to $1.4 based on technical analysis.</li> 
 <li>Key price levels include $0.57 and $0.5119, with $0.9310 as a significant target.</li> 
 <li>XRP’s long-term accumulation phase hints at a potential rally, with price scenarios ranging from $6.6 to $89.1.</li> 
</ul> 
<p>A prominent crypto analyst, <a href="https://x.com/egragcrypto?s=20">EGRAG CRYPTO</a>, has set the stage abuzz with a tantalizing forecast for XRP enthusiasts. According to this expert, XRP may be on the cusp of a significant surge, aiming for the coveted $1.4 mark.</p> 
<p>EGRAG CRYPTO’s prognosis hinges on meticulous technical analysis, particularly Fibonacci retracement levels. In a recent tweet, the analyst highlighted a crucial milestone, stating that if XRP triumphantly closed above the Fibonacci 0.5 level at $0.57 with undeniable confirmation, the XRP community would be setting their sights on the $1.4.</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> Color Code To $1.4:<br><br>If <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> triumphantly closes above the Fib 0.5 level at 0.57C with undeniable confirmation, we're setting our sights on the $1.4!. This meteoric rise is just around the corner. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>But remember, there's more to this story! Dive into the color-coded clues… <a href="https://t.co/DC0ss6Ip27">pic.twitter.com/DC0ss6Ip27</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1704746752266441004?ref_src=twsrc%5Etfw">September 21, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This analysis maps out several key price levels that could steer XRP’s course. The critical “wicking” range, denoted between $0.3875 and $0.4719, serves as a litmus test. Falling below $0.3875 would signal concern, potentially derailing the bullish setup.</p> 
<p>The territory between $0.4719 and $0.5119 represents a “ranging” phase characterized by sideways movement. But, if XRP successfully breaches the $0.5119 mark, it enters bullish terrain, extending up to $0.5738—the pivotal 50% Fibonacci retracement level.</p> 
<p>EGRAG CRYPTO asserts that surpassing this level could catalyze an extensive rally, with limited resistance anticipated until the yearly high is $0.9310.</p> 
<p>The analyst doesn’t stop there. He envisions a grander future for XRP, pointing to the 1,618 Fibonacci extension level at $1.4694 as the final target—a staggering 250% surge from current levels.</p> 
<p>XRP’s current 68-month accumulation phase has him speculating on multiple scenarios, with the most audacious predicting a 27x surge from its all-time high, potentially positioning XRP at an eye-watering $89.1.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/cathie-wood-on-bitcoin-and-ai/">Cathie Wood Predicts “Explosive Growth” in Bitcoin and AI Convergence</a></li>
 <li><a href="https://cryptonewsland.com/bitcoins-monthly-rsi-and-the-fibonacci-sequence/">Bitcoin’s Monthly RSI and the Fibonacci Sequence: Predicting Market Turns</a></li>
 <li><a href="https://cryptonewsland.com/xrp-analysts-predict-explosive-surge-after-6-year-accumulation/">XRP: Analysts Predict Explosive Surge After 6-Year Accumulation</a></li>
 <li><a href="https://cryptonewsland.com/bitcoins-historical-cycles-with-fibonacci-indicate-potential-surge-to-44k-48k-in-70-days/">Bitcoin’s Historical Cycles with Fibonacci Indicate Potential Surge to 44K-48K in 70 Days</a></li>
 <li><a href="https://cryptonewsland.com/glory-awaits-xrp-analysts-project-surge-to-10-and-beyond-to-124/">Glory Awaits XRP: Analysts Project Surge to $10 and Beyond to $124</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/expert-predicts-explosive-xrp-rally-to-1-4-is-89-1-within-reach/">Expert Predicts Explosive XRP Rally to $1.4: Is $89.1 Within Reach?</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Expert Predicts Explosive XRP Rally to $1.4: Is $89.1 Within Reach?

Crypto News Land

2023년 9월 21일에 게재된 다른 기사

Cryptography in Cryptocurrencies: A Simplified Guide – Part 1

FTT price jumps 8% as Binance announces FTT/USDT trading pair

Can the KAVA Token Be the Next Crypto to Join the Breakout Rally?

US Presidential Candidate Vivek Ramaswamy Drafting A Comprehensive Crypto Policy Framework

Massive development for VeChain (VET) as self-custody wallet goes live

Record $307 Trillion Global Debt Puts World Economy on Alert

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!