XRP Price Completes 7-Year Double Bottom Amid Prep For Moonshot To $19 🚀
Crypto analyst Bobby has identified a completed consolidation pattern in XRP's price, indicating a possible parabolic rally for the altcoin. He suggests XRP could reach double digits, possibly up to $19, after surpassing $3.02.
The macro double-bottom pattern took over seven years to form. The analyst highlights take-profit levels at $4.7, $6.4, $7.4, and $19, marking new all-time highs for XRP. ETFs launching this month are expected to boost XRP's bullish potential significantly.
Meanwhile, analyst Egrag Crypto warns that XRP should close above $3.13 to $3.20 on the 3-day chart to maintain momentum. Failing to do so could result in price declines, yet a breakthrough promises life-changing gains for bulls.
Source: www.newsbtc.com ↗
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