{"id":556084,"date":"2023-10-19T20:00:23","date_gmt":"2023-10-19T20:00:23","guid":{"rendered":"https:\/\/ktsl888.com\/?p=556084"},"modified":"2024-06-11T08:01:21","modified_gmt":"2024-06-11T08:01:21","slug":"xrp-price-prediction-3000-15","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-3000-15\/","title":{"rendered":"XRP Price Prediction: Rare Bent Fork Pattern Predicts Explosive 3000% Surge To $15"},"content":{"rendered":"

Crypto analyst Egrag Crypto has been continuously bullish<\/a> on the future of the XRP price and the latest prediction proves this. This time around, the crypto analyst is using a rare Bent Fork Pattern to back up his prediction that the XRP price is headed for double-digits.<\/p>\n

The Rare Bent Fork Pattern<\/h2>\n

Egrag first mentioned the Bent Fork Pattern in a June post while showing a bullish roadmap for the XRP price. In the earlier post<\/a>, the analyst points out \u2018four distinct tracks\u2019. These include the \u201cTrack A) Major Historical Support, Track B) Ranging Zone, Track C) Mid-Cycle Top, and Track D) Cycle Top.\u201d<\/p>\n

Related Reading: Analyst Predicts XRP Price To Hit $100: Here\u2019s How To Become A Millionaire<\/a><\/div>\n

As Egrag explained, the Track D is the cycle top which could see the altcoin\u2019s price<\/a> reach as high as $15, although not without incidence. Despite expecting a surge, Egrag says that XRP could fall lower<\/a> before this happens. However, the analyst asks investors not to fret when this happens. Rather, they should see it as an opportunity to buy the cryptocurrency for lower prices.<\/p>\n

Now, four months after the initial post was made, Egrag has revisited this Bent Fork Pattern, doubling down on the previous prediction<\/a>. In a post made on Wednesday, October 18, Egrag updated the previous prediction, showing what needs to happen for the XRP price to reach the lofty price of $15. This would mean at least a 3,000% price increase for XRP if the pattern plays out exactly as expected.<\/p>\n

In the chart below, the analyst explains that the XRP price needs to breach the white line for the rally to begin. \u201cthe real excitement is if #XRP shatters the ‘White’ Ascending Triangle \u2013 get ready for some market-shaking action,\u201d the analyst said.<\/p>\n

\"Bent<\/p>\n

Bent Fork Pattern points to bullish recovery | Source: X<\/a><\/pre>\n
Looking at a time frame, the crypto analyst asks investors to keep an eye out for the 3rd and 4th week of November as this is when something interesting might happen. \u201cFeeling uncertain about your next move? This might just be your last chance to seize a buying opportunity,\u201d Egrag said in closing.<\/p>\n
Not The Only Bullish Chart For XRP Price<\/h2>\n
Interestingly, Egrag\u2019s XRP price prediction using the Bent Fork Pattern also matches their other predictions for the altcoin<\/a>. Earlier in the week, Egrag had also put forward another forecast<\/a>\u00a0but used the Elliot Wave Theory<\/a> to present the bull case.<\/p>\n
Related Reading: Ripple Job Posting Sparks IPO Rumors, Will XRP Price Finally Cross $100?<\/a><\/div>\n
As Egrag notes, the fifth wave is where the main movement really lies where the analyst expects the price surge to happen<\/a>. Just like with the Bent Fork Pattern, it also suggests a double-digit price level at the top. However, the wave theory takes it a step further with a $27 price mark compared to the Bent Fork\u2019s $15 mark.<\/p>\n
Another similarity between both predictions is that the June Bent Fork chart shows the XRP<\/a> price at $15 somewhere between 2025 and 2026. This is the same timeframe presented using the Elliot Wave analysis<\/a>, so most of this will likely play out in the bull market.<\/p>\n
\"XRP<\/p>\n
XRP steadies above $0.48 | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Bitcoin News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Egrag Crypto has been continuously bullish on the future of the XRP price and the latest prediction proves this. This time around, the crypto analyst is using a rare Bent Fork Pattern to back up his prediction that the XRP price is headed for double-digits. The Rare Bent Fork Pattern Egrag first mentioned the Bent Fork Pattern in a June post while showing a bullish roadmap for the XRP price. In the earlier post, the analyst points out \u2018four distinct tracks\u2019. These include the \u201cTrack A) Major Historical Support, Track B) Ranging Zone, Track C) Mid-Cycle Top, and Track D) Cycle Top.\u201d Related Reading: Analyst Predicts XRP Price To Hit $100: Here\u2019s How To Become A Millionaire As Egrag explained, the Track D is the cycle top which could see the altcoin\u2019s price reach as high as $15, although not without incidence. Despite expecting a surge, Egrag says that XRP could fall lower before this happens. However, the analyst asks investors not to fret when this happens. Rather, they should see it as an opportunity to buy the cryptocurrency for lower prices. Now, four months after the initial post was made, Egrag has revisited this Bent Fork Pattern, doubling down on the previous prediction. In a post made on Wednesday, October 18, Egrag updated the previous prediction, showing what needs to happen for the XRP price to reach the lofty price of $15. This would mean at least a 3,000% price increase for XRP if the pattern plays out exactly as expected. In the chart below, the analyst explains that the XRP price needs to breach the white line for the rally to begin. \u201cthe real excitement is if #XRP shatters the ‘White’ Ascending Triangle \u2013 get ready for some market-shaking action,\u201d the analyst said. Bent Fork Pattern points to bullish recovery | Source: X Looking at a time frame, the crypto analyst asks investors to keep an eye out for the 3rd and 4th week of November as this is when something interesting might happen. \u201cFeeling uncertain about your next move? This might just be your last chance to seize a buying opportunity,\u201d Egrag said in closing. Not The Only Bullish Chart For XRP Price Interestingly, Egrag\u2019s XRP price prediction using the Bent Fork Pattern also matches their other predictions for the altcoin. Earlier in the week, Egrag had also put forward another forecast\u00a0but used the Elliot Wave Theory to present the bull case. Related Reading: Ripple Job Posting Sparks IPO Rumors, Will XRP Price Finally Cross $100? As Egrag notes, the fifth wave is where the main movement really lies where the analyst expects the price surge to happen. Just like with the Bent Fork Pattern, it also suggests a double-digit price level at the top. However, the wave theory takes it a step further with a $27 price mark compared to the Bent Fork\u2019s $15 mark. Another similarity between both predictions is that the June Bent Fork chart shows the XRP price at $15 somewhere between 2025 and 2026. This is the same timeframe presented using the Elliot Wave analysis, so most of this will likely play out in the bull market. XRP steadies above $0.48 | Source: XRPUSD on Tradingview.com Featured image from Bitcoin News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":556098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,89311,13172,16289,10972,78763],"class_list":["post-556084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-prediction","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Prediction: Rare Bent Fork Pattern Predicts Explosive 3000% Surge To $15<\/title>\n<meta name=\"description\" content=\"Crypto analyst 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Prediction: Rare Bent Fork Pattern Predicts Explosive 3000% Surge To $15","url":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-3000-15\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ripple\/xrp-price-prediction-3000-15\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP-price-bull-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP-price-bull-Small.jpeg?fit=320%2C180"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp prediction","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2023-10-19T20:00:23Z","datePublished":"2023-10-19T20:00:23Z","dateModified":"2024-06-11T08:01:21Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction: Rare Bent Fork Pattern Predicts Explosive 3000% Surge To $15\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-3000-15\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/xrp-price-prediction-3000-15\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-price-bull-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-price-bull-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp prediction\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-10-19T20:00:23Z\",\"datePublished\":\"2023-10-19T20:00:23Z\",\"dateModified\":\"2024-06-11T08:01:21Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/XRP-price-bull-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/556084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=556084"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/556084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/556098"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=556084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=556084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=556084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}