This Crypto Analyst Says XRP Could Hit $80: Here’s Why
- Crypto analyst predicts an XRP bullish breakout soon.
- XRP’s next move would mimic the 2017 bull run.
- Historical data suggest XRP could reach $80 by 2025.
XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst.
Based on technical analysis shared on social media platform X, Amelie predicts that XRP could soon surpass $1 and potentially establish a new price floor at that level.
Imagine selling #XRP now…
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 28, 2024
You never know when we’ll take off to the moon and you’ll never see XRP under $1 again –
I am ready for life-changing gains!pic.twitter.com/pXCNOeukJ2
Amelie shared a screenshot of a weekly XRP chart, showcasing various analysis tools, including sideways triangle patterns and Fibonacci resistance levels. The chart illustrated XRP’s historical price trends and pinpointed crucial levels, including a symmetrical pattern that could potentially repeat, triggering a bull run.
Amelie’s screenshot encompassed XRP’s entire price history, dating back to the pre-2014 era. The analysis divided XRP’s life cycle into two symmetrical…
The post This Crypto Analyst Says XRP Could Hit $80: Here’s Why appeared first on Coin Edition.
