CandleFocus Expert Predicts Hestia Line to Push XRP to $17 or $27
2024-10-01
Author: Content Editor
Popular market analyst EGRAG predicts a significant price surge for XRP based on patterns observed on the monthly XRP chart. The analyst identifies the "Hestia Line," a rising support trendline, as an important level that could propel XRP's price upward. The Hestia Line is seen as a symbol of stability and potential growth, and if XRP breaks above the "Troposphere Line," a substantial price increase could occur. The analyst provides two potential price targets, with the more conservative estimate suggesting a rise to $17 and the traditional ascending triangle breakout method pointing to a rally as high as $27. To achieve the $27 target, XRP would need to recover previous support levels and break psychological resistance. Currently, XRP is trading at $0.6228.
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