CandleFocus XRP Nike Swoosh Pattern Signals Surge to $13, Says Leading Chartist
2024-09-26
Author: Content Editor
Market analyst EGRAG has identified a pattern on the monthly XRP chart known as the "Nike swoosh pattern" and predicts that XRP will reach $13. This pattern has been forming since January 2018, with XRP experiencing a significant drop in price followed by higher lows. EGRAG expects this pattern to continue over the next few months and believes it will lead to a price surge. Other analysts have also predicted a $13 price target for XRP. In the short term, XRP has faced resistance at $0.6178 but still trades above the middle Bollinger Band. The market remains indecisive and the direction of XRP's price will depend on future developments.
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