The price of XRP still maintains support above USD 2, which currently serves as an essential level for bulls. It continues as a stubborn sentiment is the order of the day, and sellers seem to be missing on the cryptographic market. Thanks to these events, the expectations regarding the price of XRP have increased significantly. Especially among cryptocurrency analysts, who still predict that Altcoin is set to great things and can achieve twice this bull cycle.

The price of XRP is still on the right track to the huge candle

EGRAG Crypto cryptographic analyst was very deafening on X (previously Twitter) with XRP stubbornness. The analyst became known for causing the enhance in XRP prices for months before the impressive 2024 rally. Even when this rally cooled down and Altcoin is now fighting for support, the cryptographic analyst did not withdraw. Rather, she still calls that the cryptocurrency is still quite stubborn, which at some point expects to hit twice.

In the last post of The Crypto Analyst explained that the price of XRP is still on the right track to grow up. In what “Blue Ocean” calls, Egrag Crypto indicates that investors “swim with sharks”. In this case, XRP is absorbed at a swift pace, which could set it on the way to quick recovery.

As the positive mood increases, the cryptographic analyst sees how the price of XRP will soon explode. Explains that there is a mega green candle on the way and this It can eventually enhance the price above twice numbers. In this blue ocean, Egrag Crypto sets three goals. The first is 9.5 USD, and then moves further to USD 17. The last, but not the smallest is the 27 USD goal, something that the cryptographic analyst has been constantly anticipated for over a year.

Currently, the price of XRP is still trading slightly above USD 2 support, so this means that it has a long way before it reaches the analyst’s goals. The expectation of launching ETF XRP has also been presented by many in the community as a potential factor that can cause an XRP price enhance.

Earlier there were rumors that Proshares XRP ETFS It will appear on April 30. However, ETF expert Bloomberg James Seyffart he said that there are no plans to launch on this day and there is no specific date yet. Nevertheless, it is expected that the fund will launch its XRP ETFS in a compact and medium period and it is expected to be a catalyst for the XRP price enhance.