Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally
The post Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has continued to attract bullish attention despite the current uncertainty surrounding its price action, with its price now trading around the $2.30 level at the time of writing. Nonetheless, recent activity around XRP on social media points to the possibility of a move to double digits, as prominent analysts on X continue to signal that a major rally may be imminent. The sentiment is being amplified by both technical patterns and social media posts predicting an unstoppable surge to $20 and beyond. JackTheRippler’s No Warning Surge Forecast One of the loudest bullish voices at the moment is JackTheRippler, a well-followed analyst on X with nearly 390,000 followers. In his recent post on the platform, the analyst warned that XRP is going to pump without any warning. This is a remark that reflects the spontaneous nature of XRP’s previous major moves, especially considering the price action in Q4 2024 that sent the XRP price surging to multi-year peaks and just short of its 2018 all-time high of $3.40. Attached to his post is a chart showing a textbook Elliott Wave structure. According to the wave count, XRP has completed wave (i) and is currently completing a corrective wave (ii) structure. If the wave count holds, wave (iii) would be explosive, as it is the strongest wave in Elliott theory. According to his projection, the impulsive wave (iii) will push the XRP price towards $16 before another wave (iv) consolidation. Lastly, the projection shows that the final wave (v) will stretch XRP’s price into the $30+ range. Source: JackTheRipper on X Final XRP Wave Starting Now Adding further to the bullish outlook is another analysis shared by crypto trader STEPH. His chart offers a slightly different analysis from…
The post Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has continued to attract bullish attention despite the current uncertainty surrounding its price action, with its price now trading around the $2.30 level at the time of writing. Nonetheless, recent activity around XRP on social media points to the possibility of a move to double digits, as prominent analysts on X continue to signal that a major rally may be imminent. The sentiment is being amplified by both technical patterns and social media posts predicting an unstoppable surge to $20 and beyond. JackTheRippler’s No Warning Surge Forecast One of the loudest bullish voices at the moment is JackTheRippler, a well-followed analyst on X with nearly 390,000 followers. In his recent post on the platform, the analyst warned that XRP is going to pump without any warning. This is a remark that reflects the spontaneous nature of XRP’s previous major moves, especially considering the price action in Q4 2024 that sent the XRP price surging to multi-year peaks and just short of its 2018 all-time high of $3.40. Attached to his post is a chart showing a textbook Elliott Wave structure. According to the wave count, XRP has completed wave (i) and is currently completing a corrective wave (ii) structure. If the wave count holds, wave (iii) would be explosive, as it is the strongest wave in Elliott theory. According to his projection, the impulsive wave (iii) will push the XRP price towards $16 before another wave (iv) consolidation. Lastly, the projection shows that the final wave (v) will stretch XRP’s price into the $30+ range. Source: JackTheRipper on X Final XRP Wave Starting Now Adding further to the bullish outlook is another analysis shared by crypto trader STEPH. His chart offers a slightly different analysis from…
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