Crypto Analyst Expects $XRP To Reach $5 The Roadmap
Even as XRP falls approaching $2, crypto expert has set a $4.68 price objective in a comprehensive TradingView price study. This intriguing forecast uses XRP price chart resistance and support levels, which are better for technical analysis.
Expert believes the point of no return will start a bullish trend for XRP, allowing it to reach new highs.
Market Confirmation Is Key to $4.68
The XRP price has fallen steadily over seven days. CoinMarketCap reports that XRP's worth has decreased 10% in the last week. This negative trend has continued for 24 hours, with the token falling 1.5%. XRP is nearing a breach below $2, which might suggest further negative momentum.
The crypto analyst's XRP plan is to watch market activity for a bullish breakthrough. He urges against date speculation and instead waiting for market proof.
The XRP daily candlestick timescale chart that accompanied his research showed support and resistance levels, with the highest being $3. Since December 17, $2.36 has been XRP's closest resistance level. The expert noted $1.968, $1.608, and $1.325 as supports. If XRP continues to fall, these support levels will be critical for any reaction.
A long bull rise for cryptocurrencies is forecast in 2025, with XRP leading the way. AlanSantana agrees, saying a significant move is imminent. The expert said the time of this action cannot be forecast, but confirmation will be quite accurate.
After approval, XRP will soar to the moon. However, the analyst's XRP price chart predicts $4.68 in mid-February 2025.
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