Hold Onto Your Seats: XRP Primed For 90% Rally, According To Top Analyst


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By PR1ME at Tue, 26 Mar 2024 12:00:02 +0800 | XRP |

Hold Onto Your Seats: XRP Primed For 90% Rally, According To Top Analyst

Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency. EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20. This forecast hinges on a technical pattern identified by EGRAG – a “W” wave formation on XRP’s 3-day chart, which he believes historically precedes bull runs.

XRP Long-Term Outlook

The prediction has sent ripples through the XRP community. Enthusiasts are buoyed by the prospect of such a significant price jump. However, the forecast is not without its cracks. EGRAG himself acknowledges a potential worst-case scenario where XRP could plummet by 30% to around $0.44. This has some investors wary, questioning the possibility of a revisit to such lows.

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