Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»EXCHANGE NEWS»Analysts predict large-scale moves when this happens.
EXCHANGE NEWS

Analysts predict large-scale moves when this happens.

By Crypto FlexsFebruary 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analysts predict large-scale moves when this happens.
Share
Facebook Twitter LinkedIn Pinterest Email

XRP may not have had the best start to 2024, but cryptocurrency analyst Enthusiasts remain bullish on cryptocurrency assets and are predicting the possibility of prices surging to new highs.

Popular cryptocurrency analyst Egrag Crypto has made a bold prediction for XRP, suggesting it reach new peaks. Egrag Crypto’s forecast examines the potential for the token to reach prices above $2.

XRP is poised to surge to new all-time highs.

In a forecast shared on the

As a result, Egrag crypto predicted a potential 7000% price increase if: XRP explodes of moving average. However, experts believe that a rally will occur once the XRP price reaches $2.2.

7000% rise possible from $2 | Source: Egrag Crypto by X

If this increase occurs at the aforementioned price levels, it would increase to around $139, according to Egrag. His predictions are supported by historical data, which he uses to highlight similar trends during the 2017 bull market.

It is worth noting that prior to the 2017 bull market, XRP was similarly hedged between the 21 EMA and 55 MA. XRP, on the other hand, initially surged to $0.0302 after the breakout, before rising 7,000% to $2.

The analyst emphasized that around 99% of people may not currently understand their predictions. Nonetheless, when utilities begin to succeed, it could be the start of a decades-long trend.

A rally is possible if the 21-day moving average and the 55-day moving average are broken, but there is also potential downside risk. According to Egrag Crypto, this position could fall to around $0.45.

He also argued that it is important for XRP to close above $0.60, pushing the asset above the 21 EMA. Additionally, it will break through local resistance levels with a ‘candle style’.

Different Elements of Mega Movement

Following his predictions, Egrag pointed out several aspects that determine his setup. prediction beside. “This could be the prelude to a once-in-a-lifetime exodus,” he said.

The first aspect highlighted by analysts is that if a rally occurs, XRP We will conclude with the “W formation”. Afterwards, you can “complete the formation of an ascending triangle.”

Meanwhile, on the last aspect, he noted that it “could trigger a 500% rally” in the current XRP price. This could potentially start a big price surge at higher levels. So far, Egrag has urged the cryptocurrency community not to be fooled by his charts, as his predictions could be life-changing opportunities.

XRP
XRP trading at $0.5681 on 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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

Ethereum (ETH), SEI (Sei), and Bonk (Bonk) gathered in July, but one token is prepared to dominate next.

August 10, 2025

Are Monero in danger? Five orphan blocks were found during the Cubic Mining War.

August 7, 2025

Mara raises hashrates, reaches 50K Bitcoin, and plans to expand

August 4, 2025
Add A Comment

Comments are closed.

Recent Posts

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025

MultiBank Group Delivers Record H1 Results With $209M Revenue And MBG Token Driving 7X Returns Since Launch.

August 11, 2025

The Animoca brand invests in a nice cat

August 11, 2025

Is Alt Season finally here, just as Ether Lee’s tearing and a small cap follows?

August 11, 2025

Flareonix airdrop is live! Under the share of 100m FXP today!

August 11, 2025

Carv can be used for transactions!

August 10, 2025

Ethereum (ETH), SEI (Sei), and Bonk (Bonk) gathered in July, but one token is prepared to dominate next.

August 10, 2025

Floki and OnDo expand their profits as Robinhood Listing strengthens.

August 10, 2025

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 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

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025
Most Popular

Marathon Acquires 200 MW Bitcoin Mining Center in Texas for $87.3 Million

March 17, 2024

The Ultimate Showdown: Dogecoin vs. Shiba Inu in Today’s Crypto Arena

April 1, 2024

FIFA pursues multi-chain NFT strategy with Polygon (MATIC) and Algorand (ALGO)

December 13, 2023
  • 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.