Encryption Egrag Crypto Expect that the price of XRP may rise to $ 2.40 soon. He did this prediction based on the outbreak of Altcoin over a convergence channel and revealed what should happen after that to reach this goal of $ 2.40.
XRP PRICE EYES $ 2.40 with a higher outbreak of the concession channel
in X postEgrag Crypto stated that the price of XRP has broken over the descending canal at $ 2.2. He also mentioned that altcoin now needs another break Comic At $ 2.2962. Once this happens, the analyst announced that the goal would be to close the distinctive symbol over $ 2.40.
His accompanying scheme showed that a successful closure over $ 2.40 would put higher goals, such as $ 2.55, $ 2.71, and $ 2.88, at the sight of Alcin. This can pave the way for Altcoin to restore the level of psychological $ 3 and the goal again Absolute (ATH). The analyst also recently highlighted the “W” pattern, which confirmed that the new ATH was on the horizon.
Egrag Crypto edifice The price targeting this upper style is $ 15, $ 22 and $ 40, which represents conservative, medium and optimistic goals, respectively. However, the market participants urged their initial capital with fewer goals, starting from about $ 6 to $ 7. He added that they should also secure profits along the way.
XRP needs to keep its current level to stay optimistic
in X postCasitrades announced that the price of XRP needs to exceed $ 2.16 to stay optimistic. She indicated that after reaching a resistance of $ 2.30, the price was not able to keep it Support level $ 2.25. Instead, Altcoin is now withdrawn to re -test the upper part of the unification between $ 2.18 and $ 2.16.
Casitrades stressed that this is not a collapse, at least not yet, but this test is important. The analyst explained that this Critical area This retention above keeps the momentum safe. It also confirms that the price of XRP is still in a penetration step, not just installing a structure. She added that this price procedure is very common, with the outbreak, rejection, re -test, and launch. However, in order for this to happen again, I mentioned again that $ 2.16 needed to keep it.
if XRP price Failure to get higher than $ 2.16, the encryption analyst warned that he risks a deeper negative and resets and reset the wider direction. Then this door opens to the distinctive symbol to drop to support $ 1.90. On the other hand, she claimed that XRP simply needs a heart of $ 2.25 to support it, then Altcoin is set for “$ 2.69, $ 3.04, and beyond.”
At the time of this report, the XRP price is traded by $ 2.19, a decrease in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Getty Images, Chart from TradingView.com
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