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Cryptographic analyst Egrag Crypto He discussed the possibility that the price of XRP will witness another repair movement. He revealed the price level, which XRP must remain above to avoid further inheritance pressure and accumulate up.
XRP must remain above USD 2.66 to avoid repair movement
IN X PostEGRAG Crypto stated that if XRP is not closed above the range from 2.65 to 2.70 USD, not a Discount of Wave 4 and probably will lead XRP to the 5th wave. His accompanying table showed that Altcoin may drop to $ 1.7 on this repair move, breaking the key level of support of 2 USD. The analyst previously emphasized this 2.65 USD as crucial for stubborn breakthrough.
EGRAG Crypto referred to the fact that the American Sec finally dropped its long -lasting Lawsuit against ripplewhich is usually stubborn for XRP. The analyst admitted that it was a significant win for long -term adoption and usability, strengthening faith in the apply of Altcoin. He added, however, that you should focus on numbers and charts in a low period.
According to this, he noticed that approaching above USD 2.66 will be a good sign, and then another closing above USD 2.97 as the second confirmation stubborn. He stated that the final confirmation of the stubborn trend would be similar above USD 3.40, which is the current XRP All -time (ATH). Closing above USD 3.40 would lead to the next target from 5 to 8 USD.
Casitrades cryptographic analyst He also repeated a similar sentiment, stating that XRP must break above USD 3.40 to confirm the novel trend. Until then, she noticed that market participants would have to wait for signs of confirmation, which may not be obvious to Wave 3 in the market cycle. Earlier, the analyst stated that the market is on the brink of a breakthrough, and this week there may be a decisive moment, which seems to be in the Ripple SEC lawsuit.
Rally up to $ 5 already in the game
Cryptographic analyst Murky defender He suggested that the XRP rally up to $ 5 was already underway after SEC decided to abandon Ripple. His accompanying table showed that XRP may witness a breakthrough to the target for $ 5. Altcoin will first accumulate up to around USD 4.4 on Wave 3, and then correct to $ 3.7 on Wala $ 4 before the rally to $ 5.6 on Wave 5.
Meanwhile, a cryptographic analyst CRYPTO CREDIBULL He raised the possibility of a decline of XRP below USD 2 and reaching $ 1.7 before any parabolic passage began. It predicts that Altcoin will gather twice with numbers, regardless of how the price action comes out in the low period.
At the time of writing, the price of XRP is around USD 2.45, which is over 7% in the last 24 hours, according to data with coinmarketcap.
A distinguished picture from Adobe, chart from TradingView.com
