According to a cryptocurrency analyst known as Credible Crypto, XRP is currently showing a bullish market structure and has the potential to increase by up to 1,295% from its current level. The analyst believes that XRP is printing a clear bullish impulsive structure on various time frames and that it is gearing up for an upward impulse that could take it to $4 and potentially even higher. The Elliott Wave theory is being used to support this analysis, with the theory suggesting that XRP could see a five-wave rally before experiencing a correction. The analyst predicts that XRP could ultimately reach a blow-off top of $20 to $30. XRP is currently priced at $2.15.
- Content Editor ( dailyhodl.com )
- 2024-12-28
This Top-10 Crypto Asset Is ‘Probably the Most Bullish’ Altcoin Right Now and Could Rally 1,200%+, Says Analyst