### Bullish Inverted Hammer Pattern on XRP Chart, Analyst Predicts Target of $0.75

Crypto analyst Egrag Crypto has identified a bullish pattern forming on the XRP price chart, suggesting a potential rise in the token's value.

🔸 **Inverted Hammer Pattern**

Egrag pointed out an Inverted Hammer pattern on the XRP chart, indicating a bullish signal. He highlighted that last month's candle formation showed a 75% Inverted Hammer at the bottom, which he considers "super bullish" for XRP. Egrag predicts that this pattern could propel XRP to $0.75, adding that July could be a "month of fireworks" for the token.#Xrp🔥🔥 @Crypto Ahmet @BLACK_XRP

🔸 **Target Price of $0.75**

Egrag has previously identified $0.75 as a "critical breakout point" for#XRPGoal XRP. He believes a breakout above this level could lead to further gains, potentially pushing the price to $1.5, and eventually as high as $BTC $7.5.

Another crypto analyst, CasiTrades, also provided a bullish outlook for XRP. She noted that the token is maintaining its upward momentum and has recently bounced off the 0.382 retracement level. Additionally, XRP has flipped a long-term resistance trendline into support.

CasiTrades identified $0.54 as a key level to monitor, suggesting that breaking this resistance could trigger a parabolic move. She previously mentioned the possibility of XRP rising to $80 following a breakout from a consolidation triangle.#BTC #bitcoin