{"id":625224,"date":"2024-06-18T21:00:45","date_gmt":"2024-06-18T21:00:45","guid":{"rendered":"https:\/\/ktsl888.com\/?p=625224"},"modified":"2024-06-18T14:03:52","modified_gmt":"2024-06-18T14:03:52","slug":"xrp-enters-triangle-formation-200","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-enters-triangle-formation-200\/","title":{"rendered":"XRP Enters Triangle Formation: Analyst Predicts Rise To $200 Amid 300% Surge In Volume"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/xrp-price-breakout-critical-zone\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Egrag Crypto<\/span><\/a><span style=\"font-weight: 400\"> has provided insights into the XRP future trajectory, predicting that the crypto token could rise to three digits. His prediction comes amid a recent spike in <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-market-report-why-is-xrp-volume-getting-the-spotlight\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP\u2019s trading volume<\/span><\/a><span style=\"font-weight: 400\">, which also provides a bullish case for the crypto token.\u00a0<\/span><\/p>\n<h2>XRP To Reach $200 At Some Point<\/h2>\n<p><span style=\"font-weight: 400\">Egrag suggested in an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/55606226\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> that <\/span><a href=\"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-rally-50000-to-250\/\"><span style=\"font-weight: 400\">XRP could reach $200<\/span><\/a><span style=\"font-weight: 400\"> at some point based on its next triangle consolidation. He stated that in the future, newbies would talk about how <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-breakout-critical-zone\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP\u2019s price<\/span><\/a><span style=\"font-weight: 400\"> has remained stagnant at around $50 (instead of its current price of around $0.50) and that these same persons would complain about XRP pumping from $50 to $200.\u00a0<\/span><\/p>\n<figure id=\"attachment_625231\" aria-describedby=\"caption-attachment-625231\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-625231\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.png?w=460&#038;resize=460%2C201\" alt=\"XRP price\" width=\"460\" height=\"201\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.png?w=512 512w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-625231\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Basically, the analyst was predicting that XRP will experience exponential growth soon and that XRP newbies will not understand how the crypto token has come a long way, considering how it has <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">remained stagnant<\/span><\/a><span style=\"font-weight: 400\"> for a while now. He claimed these investors will \u201cnever comprehend seven years of conviction and dedication.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Egrag acknowledged the frustration regarding <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-to-reach-1-68\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP\u2019s tepid price action<\/span><\/a><span style=\"font-weight: 400\"> and even mentioned that XRP Ledger (XRPL) builders are \u201cstarting to nag and feel frustration.\u201d However, as always, he urged the XRP army to \u201cstay steady.\u201d He suggested that XRP is the token of the future, as he stated that \u201call previous models will be thrown out the window because they will not apply to the fourth industrial revolution.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Egrag\u2019s analysis comes amid a recent surge in <\/span><a href=\"https:\/\/ktsl888.com\/news\/ripple\/xrp-1800-surge-in-liquidations\/\"><span style=\"font-weight: 400\">XRP\u2019s derivatives trading volume<\/span><\/a><span style=\"font-weight: 400\">, with <\/span><a href=\"https:\/\/www.coinglass.com\/currencies\/XRP\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from Coinglass showing a 300% increase and a total of $3.24 billion traded in the last 24 hours. Additionally, <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap shows that XRP\u2019s spot trading volume is up by over 200% in the last 24 hours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This development is significant. It shows that crypto investors and traders are actively invested in the crypto token and may be looking to <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-whales-220-million-price\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">accumulate more XRP<\/span><\/a><span style=\"font-weight: 400\"> during this period, which could contribute to a price rally for the crypto token. Interestingly, XRP is one of the few crypto tokens up in the last 24 hours despite the recent crypto market dip.\u00a0<\/span><\/p>\n<h2>Another Bullish Outlook<\/h2>\n<p><a href=\"https:\/\/ktsl888.com\/analysis\/xrp\/28900-rally-to-154-for-xrp-price\/\"><span style=\"font-weight: 400\">Crypto analyst Casi Trades<\/span><\/a><span style=\"font-weight: 400\"> also recently offered a bullish outlook for XRP. She <\/span><a href=\"https:\/\/x.com\/CasiTrades\/status\/60092275\" rel=\"nofollow\"><span style=\"font-weight: 400\">claimed<\/span><\/a><span style=\"font-weight: 400\"> the crypto token looked \u201cvery bullish\u201d as it had just come off the golden retracement levels. Casi Trades further stated that the altcoin needs to achieve a \u201c<\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-breakout-critical-zone\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">strong breakout<\/span><\/a><span style=\"font-weight: 400\">\u201d above these resistance levels, noting that such an occurrence will clearly indicate a new trend.\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_625232\" aria-describedby=\"caption-attachment-625232\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-625232\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2-1.png?w=460&#038;resize=460%2C288\" alt=\"XRP price 2\" width=\"460\" height=\"288\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2-1.png?w=512 512w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/XRP-price-2-1.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-625232\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">She suggested that this could be a big moment for XRP, stating that \u201cthis test could be the moment\u201d that the market has been waiting for. Casi Trades sounded optimistic that <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-46900-246\/#:~:text=Analyst%20Predicts%20XRP%20Is%20About%20To%20Go%20Parabolic&amp;text=Sharing%20a%20chart%20depicting%20XRP's,and%20concluding%20after%2077%20weeks.\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP could achieve this breakout<\/span><\/a><span style=\"font-weight: 400\"> as she stated that Bitcoin had retraced close to the .618 level, which she believes could set the stage for the breakout.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/4Sgf9Zw6\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3286\" height=\"1576\"><figcaption class=\"wp-caption-text\">Token price struggles amid market crash | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Egrag Crypto has provided insights into the XRP future trajectory, predicting that the crypto token could rise to three digits. His prediction comes amid a recent spike in XRP\u2019s trading volume, which also provides a bullish case for the crypto token.\u00a0 XRP To Reach $200 At Some Point Egrag suggested in an X (formerly Twitter) post that XRP could reach $200 at some point based on its next triangle consolidation. He stated that in the future, newbies would talk about how XRP\u2019s price has remained stagnant at around $50 (instead of its current price of around $0.50) and that these same persons would complain about XRP pumping from $50 to $200.\u00a0 Basically, the analyst was predicting that XRP will experience exponential growth soon and that XRP newbies will not understand how the crypto token has come a long way, considering how it has remained stagnant for a while now. He claimed these investors will \u201cnever comprehend seven years of conviction and dedication.\u201d\u00a0 Egrag acknowledged the frustration regarding XRP\u2019s tepid price action and even mentioned that XRP Ledger (XRPL) builders are \u201cstarting to nag and feel frustration.\u201d However, as always, he urged the XRP army to \u201cstay steady.\u201d He suggested that XRP is the token of the future, as he stated that \u201call previous models will be thrown out the window because they will not apply to the fourth industrial revolution.\u201d\u00a0 Egrag\u2019s analysis comes amid a recent surge in XRP\u2019s derivatives trading volume, with data from Coinglass showing a 300% increase and a total of $3.24 billion traded in the last 24 hours. Additionally, data from CoinMarketCap shows that XRP\u2019s spot trading volume is up by over 200% in the last 24 hours.\u00a0 This development is significant. It shows that crypto investors and traders are actively invested in the crypto token and may be looking to accumulate more XRP during this period, which could contribute to a price rally for the crypto token. Interestingly, XRP is one of the few crypto tokens up in the last 24 hours despite the recent crypto market dip.\u00a0 Another Bullish Outlook Crypto analyst Casi Trades also recently offered a bullish outlook for XRP. She claimed the crypto token looked \u201cvery bullish\u201d as it had just come off the golden retracement levels. Casi Trades further stated that the altcoin needs to achieve a \u201cstrong breakout\u201d above these resistance levels, noting that such an occurrence will clearly indicate a new trend.\u00a0\u00a0 She suggested that this could be a big moment for XRP, stating that \u201cthis test could be the moment\u201d that the market has been waiting for. Casi Trades sounded optimistic that XRP could achieve this breakout as she stated that Bitcoin had retraced close to the .618 level, which she believes could set the stage for the breakout.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":625249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-625224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","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<title>XRP Enters Triangle Formation: Analyst Predicts Rise To $200 Amid 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