XRP's price may soon break out from a bullish flag pattern, potentially resulting in a 50% price gain, according to a crypto analyst. This breakout could bring XRP closer to its previous all-time high of $3.84.
Crypto analyst Captain Faibik has shared a chart on X suggesting that XRP is poised to break this bullish flag pattern on the daily time frame chart. If successful, XRP could sustain a rally, pushing its price up to $3.3, just 16.36% shy of its former high.
Further insight from CryptoBull, another analyst, suggests that XRP could soar above $20 in the future, possibly reaching a short-term goal of $13 soon. Using Elliott impulse waves, CryptoBull highlights how these waves could predict massive price surges for XRP as seen from historical data.
In 2017, such waves triggered a 70,000% increase, with predictions now indicating a potential 6,000% rise, pushing XRP's price toward new heights. This forecast suggests that XRP could be in for a remarkable bullish cycle.
Дереккөз: www.newsbtc.com ↗