CandleFocus Market Analyst Says XRP Will Reach $589 No Matter How Much You Deny It
2024-10-02
Author: Content Editor
Market analyst Amonyx has made a bold prediction that XRP's price could reach $589, based on technical analysis and historical chart patterns. Amonyx highlighted two instances of giant symmetrical triangles in XRP's chart, with the first leading to a significant rally in 2017-2018. Many market observers believe XRP has broken out of the current triangle and expect a similar or even higher price surge. However, this view is contested, with critics dismissing it as wishful thinking. Achieving a price of $589 would give XRP a market cap of $58.89 trillion, leading many to doubt the feasibility of such projections.
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