XRP Price to Explode 1700% in 10 Day If THIS Happens, Predicts Expert
Ripple (XRP), currently the sixth-largest cryptocurrency by market cap, aims to break the $1 mark despite legal uncertainties. Today, XRP rose 1.91% to $0.4985 amidst tight trading.
Expert Prediction: XRP to Skyrocket 1700%?
Crypto expert Egrag Crypto predicts a 1700% surge if XRP closes above $0.55 to $0.58 within the next 10 days. This forecast is based on a bullish “hammer candle formation” seen in XRP’s three-month chart, a pattern that has historically led to significant price increases.
Market Sentiment
Market sentiment remains mixed. Coinglass data shows a 0.55% increase in XRP’s Open Interest to $564.05 million but a 43.23% decline in derivatives volume to $925.11 million. The Relative Strength Index (RSI) stands at 47, indicating neutral sentiment.
