CandleFocus

Analyst Predicts XRP Price May Hit $64 by 2032

A prominent cryptocurrency analyst, Weslad, has published an analysis suggesting that XRP has the potential to rally and reach $64 by 2032. The analysis is based on a bullish pennant pattern and a continuation setup, indicating an optimistic direction for XRP. The Relative Strength Index (RSI) also supports this view by approaching its previous all-time high. Technical analysis reveals the long-term growth potential of XRP, cautioning against selling at low levels. XRP is currently trading at $2.64, with significant gains over the past 7 and 30 days. Additionally, there has been a rise in whale activity, further boosting XRP's momentum.

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