#XRPCOIN #solana #bitcoin #Binance $XRP $SOL $ETH

Despite the recent price increase experienced by the XRP community, there is still expectation of a major breakout. After years of consolidation, there is a possibility that the price will exceed the $1 level again. The current situation emerged as Ripple, the issuer of XRP, is involved in an ongoing legal battle with the Securities and Exchange Commission (SEC).

Analyst prediction for XRP

Additionally, Egrag Crypto, which has been noted for its remarks on the XRP side, pointed to historical price movements that indicate that XRP could be on the verge of a price action.

Bullish, which could push the price above $1

In a post shared on April 20 by Egrag, it was confirmed that XRP strength is approaching a historical support line at the $0.50 level, paralleling patterns observed in 2017 and 2021.

According to the expert, the current support level could be a turning point for XRP to rise, and the token has a successful history of recording fast and strong price increases in such cases.

Critical levels for XRP

If the scenario mentioned by the analyst occurs, XRP will likely reach Fibonacci levels between $1.2 and $1.6, which are considered notable levels.