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Crypto Analyst Claims Ripple (XRP) Could Surge 180% by Crossing Crucial Level

Crypto Analyst Claims Ripple (XRP) Could Surge 180% by Crossing Crucial Level

XRP’s Potential for a Significant Increase

An influential cryptocurrency analyst, known as EGRAG CRYPTO, has suggested that Ripple’s native token, XRP, has the potential to surge to $1.40. However, there are specific conditions that need to be met for this significant increase to occur.

Chart Analysis and Conditions for XRP’s Rise

EGRAG CRYPTO has provided a chart that illustrates the current valuation of XRP and its possible expansion if it enters a bullish area. The analyst emphasizes that for the price to reach $1.40, XRP must close above the Fib 0.5 level at 0.57C with undeniable confirmation.

However, if XRP remains in the “ranging” zone or experiences a decline into the “wicking” and “red flag” territory, achieving this scenario will not be possible.

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Hot Take: XRP’s Potential Upside

The cryptocurrency analyst using the handle EGRAG CRYPTO suggests that XRP could experience a substantial increase in value, reaching $1.40. However, this outcome depends on XRP closing above a specific level with undeniable confirmation. It is important to consider these conditions and monitor XRP’s movement closely to determine if it will achieve this meteoric rise.

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Crypto Analyst Claims Ripple (XRP) Could Surge 180% by Crossing Crucial Level