An analyst argues that the price of XRP coin will rise to $ 70. Moreover, the analyst says that this prediction is not based on speculation. Other experts continue to rise and predict that it will rise to $ 5 in the near term. Meanwhile, the XRP price fell slightly today.
30 for XRP Coin from Analyst
An analyst followed by the market, Ekrag Crypto envisages explosive growth for XRP. Analyst argues that XRP can reach $ 70 and emphasizes that prediction is based on technical cycles and mathematical models. In an recent X post, Ekrag Crypto says:
I am closely analyzing the power of wave 1 in various crypto graphics and after examining multiple projects, I noticed a compelling model that could indicate a potential loop summit in XRP.
“Estimation is based on technical analysis and models!”
Analyst says that their predictions are based on logic, mathematics and technical analysis rather than speculation. The research determines two important price points: Çubuk 2 and Çubuk 3 show the price level of $ 70. It also devotes its analysis to five important steps:
-
To examine previous market cycles.
-
Focus on the ongoing cycle.
-
Applying percentage formulas for price movement
-
Evaluate potential corrections.
-
To confirm price targets using technical indicators.
Other experts are also waiting for the rise for XRP Coin
In addition to this last rise prediction, other experts foresee a strong rally for the XRP price. For the context, crypto expert Dark Defender reiterates similar feelings and envisages the first move for $ 2.42. XRP believes that the real rally will begin when Ichimoku exceeds cloud resistance. In this context, the analyst said, “XRP is expected to first move towards $ 2.42. The real acceleration will begin after standing on the XRP Ichimoku clouds. ” says. He also underlines the support levels of $ 2,22 and $ 2.04 and states that targets extend to $ 5.85.
Meanwhile, another analyst, Rose Premium Signals shared a bull setup for XRP Coin. According to their analysis, XRP comes out of a decreasing channel and can see gains in both short and medium term. It proposes an entrance range between $ 2,60 and $ 2,40, with short -term targets of $ 2.60, $ 2.65 and $ 3,10, as the rise targets. In medium-term projections, it points to $ 3.36 and $ 3.87, while the Stop-Loss level is $ 2.00.
