Elite

Shiba Inu

<p>XRP, the native token of the Ripple blockchain, has been under the radar of several analysts and traders closely monitoring its price action for signs of a potential breakout. EGRAG Crypto, a prominent analyst, has recently shared insights on XRP’s technical setup, suggesting that the token may be poised for significant gains in the near future.</p> 
<h2 class="wp-block-heading" id="fibonacci-0-5-level-holds-strong">Fibonacci 0.5 Level Holds Strong</h2> 
<p>According to <a href="https://twitter.com/egragcrypto/status/1770420984496918599" target="_blank" rel="nofollow">EGRAG Crypto</a>, XRP has found support at the crucial Fibonacci 0.5 level, which currently sits at $0.5766. This level has proven to be a key area of interest for bulls, who have been “gobbling up every single dip” in the market.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="447" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-1024x447.png" alt="" class="wp-image-456703" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-1024x447.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-300x131.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-768x335.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-1536x670.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-2048x894.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-344x150.png 344w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-802x350.png 802w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916-788x343.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-916.png 1815w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>The analyst notes that the longer the bottom wick on XRP’s price candles, the better, as it demonstrates the strong appetite of bulls and their willingness to defend this critical support level. As long as <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank">XRP</a> continues to hold above the Fibonacci 0.5 level, the outlook remains bullish, with the token potentially targeting $1.40 in the coming weeks and months.</p>  
<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">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?
   <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 <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</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> 
<h2 class="wp-block-heading" id="elliot-wave-count-suggests-27-target">Elliot Wave Count Suggests $27 Target</h2> 
<p>EGRAG Crypto delves into XRP’s Elliot Wave Count, a popular technical analysis tool that predicts future price movements based on recurring wave patterns, in a separate tweet. The analyst <a href="https://twitter.com/egragcrypto/status/1770415052585091296" target="_blank" rel="nofollow">suggests</a> that XRP may be on track to reach a staggering $27 target, although they acknowledge that some may find this prediction skeptical or difficult to comprehend.</p> 
<p>EGRAG Crypto’s Elliot Wave Count does not include the Grand Super Cycle, which comprises waves labeled I, II, and so on. This omission is intentional, as the analyst recognizes that many may not fully grasp the significance of XRP’s potential to solve real-world problems.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="447" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-1024x447.png" alt="" class="wp-image-456711" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-1024x447.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-300x131.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-767x335.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-1536x671.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-2048x894.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-344x150.png 344w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-802x350.png 802w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917-788x344.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-917.png 1814w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Despite the ambitious price targets and the potential for skepticism, EGRAG Crypto encourages the XRP Army to remain steady and focused. The analyst quotes Warren Buffett, the legendary investor, who once said, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.”</p> 
<p>This quote serves as a reminder that investors who have a deep understanding of XRP’s fundamentals and the problems it aims to solve may not need to diversify their holdings extensively. Instead, they can remain confident in their investment thesis and hold strong during periods of market volatility.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/elite-crypto-analyst-shares-top-10-mistakes-to-avoid-this-bull-run/" target="_blank" rel="noreferrer noopener">Elite Crypto Analyst Shares Top 10 Mistakes To Avoid This Bull Run</a></li> 
 <li><a href="https://captainaltcoin.com/shiba-inu-team-member-predicts-miracle-recovery-and-new-shib-ath-before-bitcoin-halving/" target="_blank" rel="noreferrer noopener">Shiba Inu Team Member Predicts “Miracle Recovery” and New SHIB ATH Before Bitcoin Halving</a></li> 
 <li><a href="https://captainaltcoin.com/crypto-whales-monitor-rising-altcoins-scorpion-casino-memeinator-scotty-ai-as-they-project-100x-gains/" target="_blank" rel="noreferrer noopener">Crypto Whales Monitor Rising Altcoins Scorpion Casino, Memeinator &amp; Scotty AI As They Project 100x Gains&nbsp;</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="nofollow sponsored"> <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-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <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="nofollow sponsored"> 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-analyst-highlights-bullish-fibonacci-levels-and-elliot-wave-count-shares-next-key-xrp-targets/">Ripple Analyst Highlights Bullish Fibonacci Levels and Elliot Wave Count: Shares Next Key XRP Targets</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple Analyst Highlights Bullish Fibonacci Levels and Elliot Wave Count: Shares Next Key XRP Targets

목차

CaptainAltcoin

2024년 3월 21일에 게재된 다른 기사

XRP: Major Exchanges See 45 Million XRP Influx, Price Surges 5%

North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

Ethereum Foundation Is Under Government and SEC Scrutiny

Can Nvidia’s AI-Powered Digital Human Technologies Blur the Lines Between Reality and Virtuality?

Is Solana Memecoin Set For Another Rally: WIF, BONK, BOME, SLERF 10x Rally on Horizon?

Galaxy S25: AI-Powered Journey Through Hurdles and Hope in Chipset Evolution

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!