XRP to the Moon? Crypto Analyst Bullish on XRP Price with $7.5 Target

XRP’s price could be headed for a significant upswing based on two key technical indicators and current market trends. As per the analysis shared by Egrag Crypto, the Atlas Line for XRP is raised to $7.5 with $1.5 as the initial target. Expressing a high conviction of breaking the White Triangle pattern, Egrag Crypto is […]

The post XRP to the Moon? Crypto Analyst Bullish on XRP Price with $7.5 Target appeared first on Coin Edition.

XRP to the Moon? Crypto Analyst Bullish on XRP Price with $7.5 Target

  • XRP Atlas line targets $1.5, with high conviction to break the White Triangle pattern.
  • Critical Fib 1.618 zone ($6.5-$7.5) identified for profit-taking.
  • A weekly close above Fib 1.618 could lead to mid-double-digit targets near Fib 2.414 & 2.618.

XRP’s price could be headed for a significant upswing based on two key technical indicators and current market trends. As per the analysis shared by Egrag Crypto, the Atlas Line for XRP is raised to $7.5 with $1.5 as the initial target. Expressing a high conviction of breaking the White Triangle pattern, Egrag Crypto is confident XRP will surpass this initial resistance level. 

Next, the analysis highlights a key price zone between $6.5 and $7.5, known as the Fib 1.618, where profit-taking is expected to occur. Traders and investors are therefore advised to keep a close eye on this zone for potential price movements and adjust their positions accordingly. If XRP manages to overcome the Fib 1.618 level in a week, the analyst predicts the next targets to be in the mid-double digits, near the Fib 2.414 and 2.618 levels. This suggests further upside potential in XRP’s price action, as long as the current bullish mome…

The post XRP to the Moon? Crypto Analyst Bullish on XRP Price with $7.5 Target appeared first on Coin Edition.