XRP’s price may be ready to break out, with a long-term target above $22, according to chart specialist Egrag Crypto.
A symmetrical triangle pattern suggests an impending price move, while Fibonacci levels indicate potential resistance points.
A recent technical forecast by chart specialist Egrag Crypto suggests a potential shift in XRP’s trend. The 5-day XRP/USD chart analysis highlights the possibility of a significant price breakout with a long-term target exceeding $22.
#XRP: IT IS BREWING:
The chart for #XRP is tightening up like a pressure cooker ready to blow! An eruption seems inevitable, and the anticipation is rising faster than ever. #XRPArmy STAY STEADY, The pressure is mounting, and it looks like something massive is about… pic.twitter.com/soWdUCvGH4
— EGRAG CRYPTO (@egragcrypto) January 2, 2024
Symmetrical Triangle Pattern Signals Opportunity
Egrag Crypto’s examination of the XRP/USD chart reveals a symmetrical triangle pattern, a formation often associated wit
