Analyst Shares Upper And Lower Targets For XRP Price
XRP’s price action within the past seven days has been limited to a trading range as investors look to recover the losses they incurred at the beginning of February. This range is a consequence of the current indecisiveness on the XRP price. However, popular crypto analyst EGRAG CRYPTO has provided a detailed breakdown of XRP’s price trajectory from here. Particularly, the analyst highlighted crucial support and resistance levels that could determine XRP’s movement at each stage. XRP’s Lower Price Targets Indicate Key Support Levels Sharing his insights on X, EGRAG CRYPTO....
Related News
Bitcoin Sub Targets $400. BTC/USD rebounded off its upper channel trendline and has resumed the downtrend. This outcome was discussed last week and with Bitcoin price action remaining inside the decline zone, the implication is a return to the $400 price level. I am going out on a limb here, writing this Bitcoin chart analysis during the Asian session before the European session shows it's hand. Whatever I commit to writing here will be confirmed or invalidated during the next few trading sessions. Takeaway. Decline is in force. Price has been rejected by the decline's upper channel....
As XRP slides down over 5%, an analyst has highlighted the next possible targets for the asset, based on this technical analysis (TA) pattern. XRP May Visit These Levels Of A Parallel Channel Next In an X post on Sunday, analyst Ali Martinez pointed out how XRP was at risk of observing a further drop if it couldn’t reclaim the $3.3 level. Below was the chart shared by the analyst. In the graph, Martinez highlighted a Parallel Channel that XRP has followed since late last year. A Parallel Channel is a TA pattern that forms whenever the price of an asset consolidates between two....
The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum. A crypto analyst has explained that if the cryptocurrency can break above this boundary, it could reach several new bullish targets soon. Dogecoin Price Next Bullish Targets Dogecoin is showing signs of […]
XRP experienced a brief rally after the US Securities and Exchange Commission acknowledged Grayscale’s XRP ETF filing, momentarily causing bullish momentum. Although the surge has since slowed down, it has once again brought the $3 price level into focus. However, technical analysis suggests that XRP remains on track for higher price targets above $3. Related Reading: Bitcoin ETFs Get $2 Million Boost From National Bank Of Canada Building on this outlook, crypto analyst Egrag Crypto has projected that XRP could be heading toward $15 and possibly $17, citing the strength of its current....
Recent price action in the past 24 hours has seen Ethereum clawing back above $2,500 after a pullback that saw its price fall to a low of $2,440. This is a notable correction from Ethereum’s foray to $2,770 in the past seven-day timeframe, but according to crypto analyst KledjdiCuni, it aligns with one of the anticipated price scenarios. Now, the analyst’s outlook is of a reversal into a bullish wave. In his latest update, KlejdiCuni laid out several upside targets that traders may want to keep in focus if Ethereum confirms a breakout. Accumulation And Bullish Setup Toward....