XRP, currently the third-largest cryptocurrency by market capitalization, has seen recent fluctuations. Analysts remain optimistic about its significant price potential, with a target of $53 based on historical patterns. The sentiment remains bullish despite a dip towards $2.83 and failing to breach the all-time high of $3.40.
Market expert Egrag Crypto shared on X that historical blow-off tops indicate possible double-digit prices for XRP, with projections of $53, $32, and $9.70. Crucial ranges around $4 could propel prices significantly higher if breached.
Caution is advised, as retail exit strategies might influence price dynamics, though technical indicators signal a potential 40% surge. XRP's support zone between $2.70 and $2.80 remains a key buying area.
Źródło: www.newsbtc.com ↗