Is $10 XRP Price Technically Possible in 2024? 📈💸
XRP would need to increase by nearly 800% to reach $10 from its current level, making it a challenging goal with only 41 days left in the year. A more realistic target is $5, which would still represent a significant rise. The bullish outlook will be invalidated if XRP drops below $0.50, aligning with the ascending trendline. 🚀📉
Analysts are optimistic about a strong bullish breakout for $XRP , with some predicting it could reach $10 due to a seven-year bullish pennant pattern. Crypto Michael, a well-known analyst, highlighted this pattern and anticipates one of the most significant bullish breakouts in crypto history. 📊🔍
Therefore, these positive catalysts mean that the odds of a strong XRP price rally are increasing. While a move to $10 may not happen this year, there are chances that it will happen in 2025. Besides, Ripple has a combination of strong technicals and fundamentals to push it higher in the longer term. 📈🔥
