There is an interesting prediction from an analyst who said that XRP could reach $5.30! ๐ Despite the possibility of a 63% drop, the price of XRP will still be above $1.96. ๐ค
XRP recently experienced a surge of more than 24% in the last 24 hours, reaching a price of $1.93, and this has many people optimistic! ๐ EGRAG analysts even said that XRP could experience a price surge similar to the explosive growth in 2017. ๐
EGRAG sees a symmetrical triangle pattern in the history of XRP prices since 2013. ๐บ This pattern occurred between December 2013 and March 2017, where XRP experienced a surge of 287% in a month! ๐ฒ After reaching a peak of $3.31 in January 2018, XRP experienced a decline, but this November 2024 has revived optimism with a 270% increase. ๐ช
If this surge follows the previous surge, XRP could surge by up to 1,273%, taking its price to around $5.30. However, EGRAG also warns that we could see a significant price correction after that. โ ๏ธ
XRP is currently trading at $2.30, and has already broken through a key resistance level above $1.63. ๐ฅ So, letโs see if this prediction comes true! ๐๐ฅ$XRP