$XRP ,$PENGU Can XRP exceed 10 USD? Detailed information from cryptocurrency experts.!!!

XRP, the native token of Ripple Labs, seems to be attracting significant attention from cryptocurrency enthusiasts as it has formed a bullish price action pattern on its daily timeframe. In light of this bullish outlook, a well-known cryptocurrency expert posted on X, boldly predicting that XRP could reach $11 in the coming days.

The expert's bold prediction for XRP

In a post on X, the expert notes that XRP is currently consolidating in a bullish flag price pattern, resembling a flag and pole pattern on the daily timeframe. During this consolidation, the price appears to be stuck in a narrow range and is facing resistance at $2.73.

The expert emphasizes that before XRP breaks through this resistance level, there is a strong possibility that it could return to the $2.05 mark. Additionally, if the price of XRP continues to break through the resistance and closes a daily candle above the $2.73 level, there is a strong chance it could surge significantly to reach $11 in the future.

Alongside this bold prediction, XRP is currently trading at nearly $2.42 and has decreased by 1.50% in the past 24 hours. During the same period, its trading volume has dropped by 25%, indicating lower participation from traders and investors amidst the bullish outlook.

Source: Social Network