Egrag Crypto Spots XRP Macro Launch Base Targeting $9.50 and $13
Covered by 2 sources · 2 articles
XRP has been consolidating within a large ascending triangle pattern over multiple years on its macro timeframe, according to analysis by crypto trader EGRAG CRYPTO. The analyst identifies the current price level as a critical juncture, suggesting potential upside targets at $9.50 and $13 if a breakout materializes from this base. The analysis emphasizes patience with the setup, drawing parallels to previous assets like Zcash that experienced prolonged consolidation before significant moves.
- XRP is positioned at what technicians view as a key inflection point after years of consolidation in a macro ascending triangle.
- Price targets of $9.50 and $13 are cited as potential upside objectives contingent on a breakout.
- The analysis stresses the importance of waiting for confirmation rather than anticipating moves, using historical precedent to temper expectations around timing.
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EGRAG CRYPTO identifies XRP launch base, sets targets at $9.50 and $13
🚀 EGRAG CRYPTO highlights a critical launch base for $XRP with targets at $9.50 and $13. 📈 XRP’s macro chart shows a years-long ascending triangle pattern. ⏳ Analysts stress patience, citing past examples like Zcash’s delayed surge. 💡 So…
Egrag Crypto Spots XRP Macro Launch Base Targeting $9.50 and $13
XRP has spent years consolidating across a massive ascending triangle structure on its macro chart. Crypto analyst EGRAG CRYPTO (@egragcrypto) now believes the asset is sitting at a critical inflection point. His recent post argues that XRP…