- Analyst “EGRAG CRYPTO” tweeted his latest technical analysis for XRP yesterday.
- The trader stated that XRP will make a move to between $2.8 to $4.6 if it breaks above $0.5160.
- Thereafter, EGRAG CRYPTO believes that XRP will climb to as high as $50 in Q1 of 2024.
The crypto trader and analyst EGRAG CRYPTO predicted that the price of Ripple (XRP) may soar to between $2.8 and $4.6 within the next few months in a tweet yesterday. According to the post, the remittance token’s price remains in an accumulation zone and will continue to do so until it breaks above $0.5160.
XRP’s price making a move towards $2.8 to $4.6 will be followed by a correction back down to $1, added EGRAG CRYPTO. Thereafter, the altcoin’s price will embark on a “massive and challenging journey.” The trader believes that XRP’s price could climb to as high as $12 or even $50 during this time period.
EGRAG CRYPTO did, however, urge his followers to be patient and forecasted that XRP’s price will continue to consolidate until early next year. In his tweet, he stated that the remittance token’s price will continue to trade flat until the first quarter of 2024.
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