Crypto Analyst Predicts 8,400% XRP Rise To $44, Calls It ‘Conservative’
Crypto researcher predicts XRP will soar 8,400% to $44. Interestingly, the analyst called $44 “conservative” and predicted the coin may achieve a higher price goal.
XRP Reaching $44
Crypto projected in an X article that XRP would hit $44. He called this price level a cautious goal based on the cycle and Fib Channel. The Fib 0.702 channel targets $44. He also cited $13 and $27 as Fib 0.5 and 0.618 channel price objectives.
The analyst expects XRP to reach these benchmarks. He said that the crypto's chart has predicted pumps to Fibonacci Channel levels since its launch. Egrag Crypto further said that the chart shows XRP would hit these price goals in current bull run.
Since Egrag calls these price projections cautious, XRP might surge higher in this bull run. The analyst didn't set a price objective, but Javon Marks has forecast three digits for the coin. Recently, Marks suggested XRP may reach $200.
The expert said the coin broke a six-year Pennant pattern. XRP may rise over 30,000% to $200 with a Logarithmic Follow-Through following this breach.
Marks predicts XRP will hit $3.3 soon, near to its ATH of $3.8. The expert said the crypto has verified three hidden bull divergences since 2022 and is on track for a bull breakout.
He predicts a 450% price rise for XRP to $3.3 after this bull breakthrough. He stated that this price breakthrough may simply be the beginning since he thinks the coin will hit $200.
Along with these optimistic XRP price projections, Egrag coin has disclosed the worst case scenario for the coin this market cycle. He predicted that XRP will reach $2.3–$5.89 in this bull run and gave two reasons why.
After the SEC dismissed the case in December 2020, XRP rose 10x from the trough. He said XRP may reach $5 to $ if the SEC appeal happens. The coin may hit Fib 1.618 at $6.5, he noted.
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