This Pattern Signals XRP Price Will Hit $13, Predicts Crypto Trader – Here’s When

2024-9-26 23:00

Egrag, a prominent crypto analyst, has shared a long-term prediction for XRP. He suggested a compelling price pump is around the corner based on a chart pattern known as the Nike Swoosh. 

The analyst believes this pattern could lead XRP’s price to hit a target of $13, a crazy jump from its current trading price of $0.59.

XRP Technical Analysis: Nike Swoosh Pattern and Price Target

Egrag Crypto mentioned that the Nike Swoosh Pattern presents a bullish outlook for the coin’s price. This shape means the price has been steady for a while, but might explode soon.

Image Source: X/EgragCrypto

However, if this happens the way the analyst thinks, XRP’s price could reach $13. This big price jump could happen between 2026 and 2030. 

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Show more +Show less – Egrag Crypto’s Encouraging Tweet to the XRPARMY

Egrag highlighted the optimistic outlook by rallying the XRPARMY to stay steady. The message, “XRP WILL DO IT!”, coupled with the mention of the Nike Swoosh pattern, emphasizes the possibility of a future price rise. 

The tweet concludes with a call to the loyal supporters, urging them to remain patient and trust in XRP’s long-term potential.

Egrag’s reference to Odin, a symbolic figure representing strength and resilience, further motivates the community to hold strong during the current market conditions. This aligns with the overall bullish tone of the chart analysis.

Read Also: Internet Computer (ICP) and Hedera (HBAR) Lead the Pack in Development Activity – Who Else is on the List?

XRP’s Price Long-Term Prediction

While the potential for XRP’s price to reach $13 exists, Egrag highlights that this is a speculative outlook based on technical patterns. The XRP chart suggests it could experience further consolidation before a breakout occurs.

The Nike Swoosh Pattern, if accurate, could see XRP breaching multiple resistance levels over the coming years. This projection aligns with previous historical price movements, where XRP has shown significant volatility, making it an appealing investment for those willing to wait.

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The post This Pattern Signals XRP Price Will Hit $13, Predicts Crypto Trader – Here’s When appeared first on CaptainAltcoin.

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