Three Analysts Give Critical Targets for XRP Coin: Watch Out for These Levels!

After a strong reaction at $2.30 at the midpoint, CasiTrades stated that XRP has now officially broken this level and is heading towards $2.18 to complete the 3rd sub-wave of wave E. If $XRP eventually falls to $2.18, CasiTrades expects a bounce at $2.28 for the 4th sub-wave. It also predicts that this will be followed by a final move towards the lower trendline.

Meanwhile, a market analyst recently explained three reasons why the $XRP Coin price is on the rise amid the DOJ’s potential $6.5 billion $BTC sale. One of these reasons is that the bullish momentum remains strong. Major banks such as Japan’s SBI and Bank of America are also adopting XRP. According to some analysts, a bull flag could even signal that XRP will rise to $15.

Crypto analyst Dark Defender, while discussing his XRP Coin prediction, suggested that the price correction is almost over. According to him, XRP is closer to completing the correction on the 4-hour and daily charts. The analyst also noted that XRP is moving similarly to the 2017 monthly formation. Dark Defender added that while considering the RSI and many other indicators, XRP’s work is not yet complete and is still bullish on the weekly and monthly timeframes.

Crypto analyst Ali Martinez stated that XRP offers two potential entries for market participants. He noted that the first is the pennant’s ascending trendline at $2.05. The second is a breakout of the pennant at $2.50. Martinez added that regardless of the entry, the target for the cryptocurrency is $10.