CandleFocus XRP to $27-$33 as Analyst Backs These Targets with Elliott Wave and Fibonacci Analysis
2024-09-21
Author: Content Editor
Market analyst EGRAG predicts that XRP could experience a significant price surge, potentially reaching double-digit values. The analysis is based on the Elliott Wave Theory and Fibonacci retracement levels. EGRAG suggests that XRP's Wave 5 could exceed Fibonacci level 3, indicating a massive upsurge. Comparisons with Bitcoin and Ethereum's performance further support the optimism for XRP. The analyst also discusses the possibility of XRP reaching even higher targets, potentially aiming for Fibonacci level 4.272, similar to Ethereum's previous bull cycle. However, this scenario is more speculative and tied to a long-term trend.
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