Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»EXCHANGE NEWS»Analysts expect XRP price to rise 800% to $5.5 and the timeframe will shock you.
EXCHANGE NEWS

Analysts expect XRP price to rise 800% to $5.5 and the timeframe will shock you.

By Crypto FlexsDecember 16, 20234 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analysts expect XRP price to rise 800% to .5 and the timeframe will shock you.
Share
Facebook Twitter LinkedIn Pinterest Email

Popular cryptocurrency analyst EGRAG cryptocurrency has dropped its most optimistic price prediction for XRP. XRP received the following actions: Various price predictions Over the past few months, EGRAG and other cryptocurrency analysts have stated that cryptocurrencies are now free to control their price movements. This time, the analyst claims that XRP is poised to explode 800% in just two weeks, skyrocketing from its current price of less than $0.65 to over $5.50 in just 14 days. EGRAG’s analysis points out price movements and Fibonacci indicators that indicate XRP is gearing up for a massive rally.

Huge surge in XRP price in a short period of time

EGRAG took to social media platform X to reveal his latest predictions for XRP. The forecast comes as an update to the analyst’s previous forecast from May. He shared that the price of XRP is at the final enlightenment line. The Final Wake Up Line was drawn at XRP’s all-time high of $3.40 in 2018 and sloped downward as the cryptocurrency continued to form lower highs. At the time, XRP was trading at $0.4639, and EGRAG outlined three price targets for the coming months: $0.85-$1, $5.5, and $6.1. The analyst also drew a bottom (atlas) line at the higher lows since 2021, forming a symmetrical triangle.

#XRP Medium-term target (0.85c – $1 – $5.5 – $6.4):

The ‘final weather line’ is predicting what’s next #XRP escape. once #XRP Without breaking Fib 0.236 (0.45c) on the weekly time frame, breaking it and retesting Fib 1.618 ($5.5 – $6.4)… pic.twitter.com/xzPMi7b7FN

— EGRAG Cryptocurrency (@egragcrypto) May 22, 2023

Now, five months later, XRP has experienced a major milestone in its ecosystem, becoming the only cryptocurrency asset to receive regulatory clarity in the United States. As a result, XRP experienced price increases on various cryptocurrency exchanges, soaring by more than $0.93 against USDT. According to EGRAG, his first target of $0.85-$1 was completed during the price surge.

XRPUSD currently trading at $0.6231  territory. Chart: TradingView.com

Looking at the price chart shared by EGRAG, it appears that XRP has formed support around this final wake-up call line. Now the next target is around $5.5, which is the measured movement of the symmetrical triangle formed between the final wake-up and the Atlas line. EGRAG claims that we could see XRP trading at this price range in just two weeks.

#XRP 3 goals 🚀🎯:

Are you curious about specific details? Check out our May 2022 post for more details. https://t.co/CGLMB7CgGi

Goal 1: 0.85 – 1$ (complete)
Goal 2: $5.5 (may be achieved in 2 weeks)
Target 3: $6.4 (Fib 1.618 extends wick)#XRPArmy Continue… pic.twitter.com/vTYMwxFbA1

— EGRAG Cryptocurrency (@egragcrypto) December 14, 2023

How realistic is this price prediction?

XRP has since fallen below the analyst’s first target of $0.85. As of this writing, XRP is trading at $0.62, down 9.59% in 7 days. EGRAG argued that the recent price correction may have investors jumping ship, but HOLDing is still the best decision at this point.

A surge to $5.5 would mean an 800% price increase from current levels by the end of the year. but, Current base point It is highly unlikely that an increase of this magnitude can occur in such a short period of time.

EGRAG made clear in its comments that its forecasts were not based on the next two weeks. Instead, the $5.5 rise will be completed in just two weeks.

All of this movement will be completed in the next two weeks, not the next two weeks. 👍

— EGRAG CRYPTO (@egragcrypto) December 14, 2023

Featured image from Shutterstock

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Dogecoin (DOGE) after collision

June 23, 2025

Litecoin Key Support in Focus Price Eye Brake Out Determination

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

Coinbase International Exchange Offers WIF Perpetual Futures Trading to Non-U.S. Customers

April 18, 2024

Hidden altcoin surges 60% in 24 hours amid network expansion and explosive demand for Solana smartphones

December 19, 2023

NEIRO soars 808% in one day, Dogen could become a millionaire in the next day

September 22, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.