Featured image from VOI, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Crypto Egrag has provided an update on his recent analysis, where he predicted that XRP would experience a significant price decline. Having called that correctly, Egrag has now predicted what the next move will be for the crypto token.\u00a0 XRP Price Could Rise To As High As $22 Egrag mentioned in an X (formerly Twitter) post that XRP\u2019s next move \u201ccould be between 1000% and 3000%.\u201d He acknowledged that the current market conditions might make it hard for anyone to envisage XRP seeing such a move. However, he added that the chart indicates that XRP would rise to between $10 and $22 if historical moves from 2017 or 2021 repeat themselves.\u00a0 Related Reading: Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving \u2013 Here\u2019s Why Source: X Egrag also noted that XRP had hit the lower target he had predicted for the crypto token, suggesting it was well primed for such a parabolic rise due to this price correction. In his earlier analysis, the analyst had predicted that XRP could drop to as low as $0.44, which it eventually did on April 13. Since then, the token has recovered and is looking to break the $0.50 resistance level in preparation for its parabolic rise.\u00a0 Meanwhile, crypto analyst Lunc Maxi\u2019s recent analysis also echoes sentiments similar to those shared by Egrag Crypto. The crypto analyst shared XRP\u2019s daily chart and noted that it looks exactly like 2017 and \u201ceven had the same drop.\u201d If XRP\u2019s current price action follows 2017, then there is a greater likelihood of XRP hitting $22 than just stopping at $10 since Egrag\u2019s chart showed that a similar move to 2017 will take the crypto token to that price level. XRP\u2019s Short-Term Price Target In a subsequent X post, Egrag suggested that XRP might be headed to $1.4 in the short term. While he admitted that there could be further price declines before this move occurs, he added that XRP bulls have shown that they are willing to match the selling pressure from the bears. Therefore, it shouldn\u2019t be long before the bulls take control and cause XRP\u2019s price to surge.\u00a0 Related Reading: Dogecoin Flashes Weekly Golden Cross: Why This Analyst Believes The Bull Rally Is Far From Over He further urged XRP holders not to be deterred, stating that these price dips are \u201cjust opportunities for your bids to be filled, and these bids could be life-changing opportunities.\u201d XRP\u2019s rise to such price levels would indeed be life-changing for XRP investors. However, considering its unimpressive price action so far, it remains to be seen if the crypto token will attain such heights.\u00a0 At the time of writing, XRP is trading at around $0.49, down almost 4% in the last 24 hours, according to data from CoinMarketCap. Token price drops following market crash | Source: XRPUSDT on Tradingview.com Featured image from VOI, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":603561,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-603542","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-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
XRP Price Set For 3,000% Rally To $22, Analyst Predicts<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n