Can $XRP Price Reach $50? Crypto Analyst Predicts Massive Move

Fasten your seatbelts because according to one of the crypto industry’s top analysts, we could see #XRP shoot past its all-time high. Crypto analyst EGRAG made this prediction on social media by looking at past actions on the XRP price chart on the monthly timeframe to emphasize the importance of candle formations.

Since XRP gained some regulatory clarification in the US following #Ripple's partial court victory over the #SEC in July, the stock has experienced a wild ride. The cryptocurrency experienced a few price surges, was listed on numerous US-based cryptocurrency exchanges, and has been steadily rising in value since July.

In the middle of all of this, XRP's price action data indicates that it has lately produced green candles on the monthly frame. This has only occurred twice in XRP's history, according to EGRAG cryptocurrency, and both times the coin saw a significant price surge. From here, two possible outcomes could occur if past events are any guide. #Cryptoniteuae