Next Level

Satoshi

Show

Coin

<p>Crypto analyst XForceGlobal has shared a detailed technical analysis of Ripple’s XRP, suggesting the potential for new highs. The analyst’s prediction, however, comes with caveats. XForceGlobal’s analysis focuses on a massive triangle pattern that has been forming for over seven years. This long-term accumulation phase could signal a major price movement on the horizon.</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/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a><br>Primary Macro Analysis<a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a>'s <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> is still working within a potential MASSIVE triangle and hasn't been invalidated yet. We might as well assume that this triangle is the mode of correction because of how long this has accumulated for (7+ years now). The longer the… <a href="https://t.co/9Ede30Rov0" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/9Ede30Rov0</a></p>— XForceGlobal (@XForceGlobal) <a href="https://twitter.com/XForceGlobal/status/1811102938447892914?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="strong-xrp-price-analysis-strong"><strong>XRP Price Analysis</strong></h2>
<p>XForceGlobal’s analysis centers on a large triangle pattern that has been developing in XRP’s price chart. The analyst notes, <em>“Ripple’s <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> is still working within a potential MASSIVE triangle and hasn’t been invalidated yet.”</em> This pattern’s longevity adds weight to its potential significance in predicting future price movements.</p>
<p>The analyst emphasizes the importance of the pattern’s duration. “<em>We might as well assume that this triangle is the mode of correction because of how long this has accumulated for (7+ years now),”</em> XForceGlobal states. The extended timeframe strengthens the reliability of wave theory analysis in this context.</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">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </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><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></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="strong-new-xrp-all-time-highs-on-the-horizon-strong"><strong>New XRP All-Time Highs on the Horizon?</strong></h2>
<p>XForceGlobal suggests that if XRP maintains its position above a certain level, new all-time highs could be achievable. The analyst explains, <em>“The invalidation is right around the corner, and if it’s able to stay above the subwave C, it’s all fair and game to new ATH’s.”</em> This scenario presents an optimistic outlook for XRP holders.</p>
<p>However, the analyst also presents alternative scenarios. One possibility involves a series of 1-2 wave patterns, which XForceGlobal now considers less likely due to their tendency to fail. Additionally, if certain support levels break, the analyst warns of a potential price drop to less than one cent.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-siacoin-sc-crypto-price-pumping-bulls-eye-another-double-digit-spike-to-this-next-level/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Siacoin (SC) Crypto Price Pumping? Bulls Eye Another Double-Digit Spike to This Next Level</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-medium-timeframe-analysis-strong"><strong>Medium Timeframe Analysis</strong></h2>
<p>Zooming in on shorter timeframes, XForceGlobal notes increased complexity in wave counting. The analyst observes, “<em>The last piece of the leg does look like it’s coming to a conclusion as a 5-wave move going into the potential C wave.”</em> This pattern could align with either the larger triangle or the alternative 1-2 wave scenarios.</p>
<p>Despite the potential for new all-time highs, XForceGlobal’s analysis highlights the uncertainty in the crypto market. The multiple scenarios presented highlight the need for cautious interpretation of technical patterns.&nbsp;</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<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="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" 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-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</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="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/analyst-predicts-ripples-xrp-price-will-hit-new-ath-in-all-fairness-but-theres-a-catch/" rel="noopener noreferrer nofollow">Analyst Predicts Ripple’s XRP Price Will Hit New ATH ‘In All Fairness’ – But There’s a Catch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Predicts Ripple’s XRP Price Will Hit New ATH ‘In All Fairness’ – But There’s a Catch

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 11 thg 7, 2024

PeiPei vs. Pepe: Which Frog Will Rule the Memecoin Kingdom?

Crypto Analyst Foresees $80K-$100K Bitcoin Amid FTX’s Potential $16 Billion Repayment

Ripple Named Among Top Fintech Innovators of 2024

UK Regulatory Body Warns Public About Fake Lawyer Emails Demanding Bitcoin

Chronoshot Hits Epic Games Store with Cardano Integration

Ionic Digital Hires John Penver as CFO to Lead IPO Process

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!