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This Crypto Analyst Says XRP Could Hit $80: Here’s Why

3d ago
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This Crypto Analyst Says XRP Could Hit $80: Here's Why
  • Crypto analyst predicts an XRP bullish breakout soon.
  • XRP’s next move would mimic the 2017 bull run.
  • Historical data suggest XRP could reach $80 by 2025.

XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst.

Based on technical analysis shared on social media platform X, Amelie predicts that XRP could soon surpass $1 and potentially establish a new price floor at that level.

Amelie shared a screenshot of a weekly XRP chart, showcasing various analysis tools, including sideways triangle patterns and Fibonacci resistance levels. The chart illustrated XRP’s historical price trends and pinpointed crucial levels, including a symmetrical pattern that could potentially repeat, triggering a bull run.

Amelie’s screenshot encompassed XRP’s entire price history, dating back to the pre-2014 era. The analysis divided XRP’s life cycle into two symmetrical…

The post This Crypto Analyst Says XRP Could Hit $80: Here’s Why appeared first on Coin Edition.

3d ago
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bearish:

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