Crypto analyst Credible Crypto predicts that XRP, a payments-focused cryptocurrency, could potentially surge by over 65% from its current value. He uses the Elliott Wave theory to analyze price action and believes that XRP is in the early stages of a larger move to the upside. He suggests that two more waves within the current sub-wave are still to come, potentially pushing XRP to smash its prior all-time high. The analyst's chart indicates that XRP may reach $4.21. Additionally, he notes that XRP has formed a bullish flag pattern on the monthly chart, which suggests that the asset is consolidating and preparing for a fresh rally. XRP is currently trading at $2.54, experiencing a 6.7% decrease in the last 24 hours.
- Content Editor ( dailyhodl.com )
- 2024-12-04
‘Start of a Larger Move’: Analyst Predicts New All-Time High Rally for XRP Into Pure Mania – Here’s His Target