A crypto analyst believes that XRP is on the verge of breaking out of a bullish flag pattern, which could result in a 50% price gain. This would bring XRP closer to its previous all-time high of $3.84. The analyst predicts that if XRP successfully breaks out of the pattern, it could rally to $3.3, which is just 16.36% away from its all-time high. Other analysts have also made optimistic price projections for XRP, with one suggesting it could reach $20 and another predicting a short-term target of $13. These projections are based on historical price movements and the occurrence of Elliott impulse waves. One analyst believes that the five Elliott impulse waves could lead to a 6,000% increase in the XRP price, pushing it to new all-time highs of $26.
- Content Editor ( newsbtc.com )
- 2025-01-09
XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board