Technical Convergence Puts XRP Profit Target Between $8.43 And $13.58 💹
Crypto analyst Bobby A has developed a four-panel roadmap predicting a profit target for XRP between $8.43 and $13.58. This is based on analyses of Bitcoin dominance, US small-caps, XRP's monthly price structure, and total market capitalization.
He notes a consolidation phase above past highs and moving averages, with the Fibonacci grid indicating potential peaks. Bobby observes a risk-on mode in US small-caps aligning with liquidity moving into high-beta crypto segments.
The decline of Bitcoin dominance may signal a capital shift to large-cap altcoins, potentially boosting XRP's performance, with current trading at $2.84.
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