Ethereum

Cardano

CRYPTO

Read

<ul>
 <li>XRP could see a massive price surge following the concussion to SEC vs Ripple case.</li>
 <li>Unusual Bent Fork Pattern Signals Potential 3853% Surge to $17.</li>
 <li>The Bent Fork Chart maps future XRP price movements based on historical data and resistance&nbsp; Surpassing XRP’s all-time high of $3.5 might open “the gates to Valhalla”&nbsp;</li>
</ul>
<p>The <a href="https://cryptonewsland.com/can-xrp-overcome-the-1-barrier-and-target-15/" rel="noopener noreferrer nofollow">Bent </a><a href="https://cryptonewsland.com/can-xrp-overcome-the-1-barrier-and-target-15/" target="_blank" rel="noopener noreferrer nofollow">Fork</a><a href="https://cryptonewsland.com/can-xrp-overcome-the-1-barrier-and-target-15/" rel="noopener noreferrer nofollow"> Chart</a> was introduced by Egrah Crypto in June 2023. Egrah’s latest update suggests an ambitious new top target of $17. This represents a staggering potential surge of 3853% from the current price of $0.43.</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" 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/15.0.3/72x72/1f50d.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/15.0.3/72x72/1f3af.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/15.0.3/72x72/1f6a7.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/15.0.3/72x72/1f3c6.png" alt="🏆" class="wp-smiley" style="height: 1em; max-height: 1em;"> All-Time High (ATH): $3.5 – breaking… <a href="https://t.co/CAdFw956Ej" rel="noopener noreferrer nofollow">https://t.co/CAdFw956Ej</a> <a href="https://t.co/H8IQ03tCYu" 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" rel="noopener noreferrer nofollow">July 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="h-how-the-bent-fork-chart-works">How the Bent Fork Chart Works</h2>
<p>The Bent Fork Chart maps out potential future price movements based on historical data and key resistance levels. The chart is characterized by a distinct ‘bent’ shape.</p>
<p>This “bent” shape highlights critical points where the price may encounter significant support or resistance. The primary concept behind this chart is to identify these pivotal levels where <a href="https://cryptonewsland.com/xrp-price-outlook-analyst-forecasts-bullish-rebound-after-bottoming-out/" rel="noopener noreferrer nofollow">XRP’s price </a><a href="https://cryptonewsland.com/xrp-price-outlook-analyst-forecasts-bullish-rebound-after-bottoming-out/" target="_blank" rel="noopener noreferrer nofollow">trajectory</a> might change direction.</p>
<h2 class="wp-block-heading" id="h-egrah-s-latest-update-nbsp">Egrah’s Latest Update&nbsp;</h2>
<p>According to the latest update, the chart pinpoints $1 as a crucial resistance level. This level serves as both a structural barrier and a psychological hurdle for traders and investors. $1 has historically been a challenging point for XRP to sustain, making it a key area to watch.&nbsp;</p>
<p>Breaking through this barrier could signal a strong bullish momentum. Moreover, the chart highlights <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">XRP’s all-</a><a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">time</a><a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow"> high</a> (ATH) of $3.5. Egrah Crypto suggests that surpassing this ATH could unlock what he refers to as ‘the gates to Valhalla’.&nbsp;</p>
<p>XRP has demonstrated the accuracy of the Bent Fork Chart’s predictions in recent months. As anticipated, XRP touched $0.40, aligning with the chart’s forecast. According to <a href="https://twitter.com/egragcrypto?lang=en" rel="noopener noreferrer nofollow">Egrag </a><a href="https://twitter.com/egragcrypto?lang=en" target="_blank" rel="noopener noreferrer nofollow">Crypto</a>, ($0.75) is the next significant level to watch. He noted that a bullish trend can be confirmed if the price closes above this level.&nbsp;</p>
<p>The Bent Fork Chart’s prediction of a $17 top target for XRP is ambitious, to say the least. Achieving this would require overcoming several resistance levels. However, the chart’s historical accuracy has given it credibility among traders and analysts.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/can-xrp-overcome-the-1-barrier-and-target-15/" rel="noopener noreferrer nofollow">Can XRP Overcome the $1 Barrier and Target $15? A Close Look at Bent Fork B</a></li>
 <li><a href="https://cryptonewsland.com/how-to-make-a-profit-from-the-upcoming-ethereum-fork/" rel="noopener noreferrer nofollow">How To Make a Profit From the Upcoming Ethereum Fork</a></li>
 <li><a href="https://cryptonewsland.com/the-cardano-hard-fork-inches-even-closer/" rel="noopener noreferrer nofollow">The Cardano Hard Fork Inches Even Closer</a></li>
 <li><a href="https://cryptonewsland.com/charles-hoskinson-announces-chang-fork-cardanos-next-big-step/" rel="noopener noreferrer nofollow">Charles Hoskinson Announces Chang Fork, Cardano’s Next Big Step</a></li>
 <li><a href="https://cryptonewsland.com/shapella-hard-fork-unlocks-staked-ether-massive-payouts/" rel="noopener noreferrer nofollow">Shapella Hard Fork Unlocks Staked Ether: Massive Payouts</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/xrps-potential-3853-surge-to-17/" rel="noopener noreferrer nofollow">XRP’s Potential 3853% Surge to $17 Fueled by Bent Fork Pattern Signals</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP’s Potential 3853% Surge to $17 Fueled by Bent Fork Pattern Signals

目录

Crypto News Land

发布于 2024年7月9日的其他文章

3AC-Linked Wallet Buys Neon Village NFT for $59K Due to 3-Year-Old Offer

MYX Finance Releases Half Year Recap and Enhanced Roadmap for Trading Services and Incentive Camp...

Analyst Bullish on Cardano: Chang Hard Fork to Trigger Price Explosion

An overview of current news in the crypto space

Crypto News Today: Ethereum ETF Amendment Sparks Market Buzz

Italy teases selective implementation of MiCA guidelines: report

订阅我们免费的电子期刊，获取每日最新加密领域动态！