Egrag Crypto's analysis consists of a two-part article highlighting the 'Real Wake Line' bullish trend on XRP's chart. In the first part, he describes a pattern called the 'White Triangle', which aligns with Fibonacci levels 0.702 – 0.786, indicating a potential breakout. The analyst predicts that XRP could trade between $1.2 and $1.5, with a critical breakout point around $0.70 – $0.75. Egrag Crypto claimed that XRP is ready to debut in the coming weeks.
In the second part, Egrag Crypto stated that XRP is holding strongly at the Atlas line, with $0.5777 as resistance, $0.5000 as support, and the breakout point at $0.6799. He added that he remains optimistic about a “Mega Run” for XRP, although he warned that the breakout point could be retested in the short term.
Similarly, Dark Defender also shared optimistic views regarding the future movements of #XRP. The analyst, who used Heikin Ashi Candles and Fisher Indicator in his analysis, emphasized that XRP is in 'Big Wave 3'. He identified $0.6044 to $0.6649 as a challenging area but suggested that #XRP could make a significant breakout if the weekly candle close is above $0.6649.
It is noteworthy that, despite the optimistic analysis of analysts, the price target of $1 set for April has not yet been reached by XRP. As of the latest data, the price of #XRP is trading at $0.5289, down 1.26 percent in the last 24 hours, with a market value of $29.31 billion and a trading volume of $804.30 million in the last 24 hours. $BTC $XRP
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