XRP price chart indicates major 10x price pump potential.
Analyst shares bullish genuine wake-up line formation for XRP.
Price of XRP could move in 3 waves from $0.75 to $1.5 to $7.5.
As the crypto market faces a continued correction as tensions in the Middle East flare, analysts take a closer look at Bitcoin and altcoin charts. Many analysts still hold strong on a bullish Q4 and expect Bitcoin (BTC) to rise shortly after the correction with major ATH high targets set between $80,000 to $220,000.
Meanwhile, altcoins are in a frenzy as expectations for altseason to arrive continues to gain traction. In support, many altcoins are already printing bullish waves, completing bullish patterns in their price charts, or have already begun to pump like FET, SUI, VET, and many other popular altcoins.
XRP Prepares For Parabolic Pump
One of the most bullish altcoins this bull cycle is XRP. After having missed the last bull run, XRP has emerged victorious from its battle with the SEC and is preparing to welcome what could be one of the greatest altcoin pumps this bull cycle. In detail, one analyst, Egrag Crypto, has shared multiple bullish chart predictions for the asset.
#XRP Genuine Wake-Up Line (Micro Moves – Lower Time Frame) A closer look at the borders of the GWUL (Genuine Wake-Up Line) reveals an intense battle between the #Bulls and #Bears . The action is heating up, but guess what? The wave count is on our side!… https://t.co/RJoVyM8RiL pic.twitter.com/QcYFFQn0vl
— EGRAG CRYPTO (@egragcrypto) October 1, 2024
Analyst Expects Major Shifts in XRP Price Soon
As we can see from the post above, the XRP enthusiasts and crypto analyst’s latest take on XRP talks about a genuine waku-up line for XRP. This post explores the micro moves and lover time frame for the altcoin. Specifically, the Genuine Wake-Up Line (GWUL) reveals an intense battle heating up where the wave will likely lead to an upside.
He confirms that XRP is now entering the latter three waves where the rally begins with XRP smashing through the $0.75 price leading to a potential blow off top around $1.3 and $1.5. He also expects a midterm target for XRP with a trend top of $5.5 to $7.5. Ultimately, he believes XRP price could hit a cycle top ATH at $31 this bull run.
The post XRP Enters Parabolic Wave Phase, Analyst Expects Seismic Shift in XRP Price From $0.75 to $7.5 appeared first on Crypto News Land.
