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Home»EXCHANGE NEWS»The optimistic candlelight formation suggests that the XRP price can touch $ 22.
EXCHANGE NEWS

The optimistic candlelight formation suggests that the XRP price can touch $ 22.

By Crypto FlexsMay 31, 20253 Mins Read
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The optimistic candlelight formation suggests that the XRP price can touch $ 22.
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This article is also provided in Spanish.

The encryption analyst, EGRAG Crypto, was able to spend the price of XRP to $ 22, emphasizing optimistic candlelight formation. This comes as it is Analyst predicted Altcoin can reach a $ 1 trillion market.

XRP Price Eyes rally for $ 22 in the form of optimistic candlelight

at X postEGRAG Crypto predicts that the candlelight 13 of the annual chart can be a brake out candle that sends XRP prices to $ 13 or $ 22. He also increased the possibility that Altcoin would surge above this price and much higher. Based on his analysis of his candlelight 9 2021 candleThe analyst said that 13 candles pointed out about $ 17 goals.

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EGRAG Crypto mentioned that this is a perfect match between $ 13 to $ 22 for the XRP price. He also mentioned Candle 12 and pointed out that it is the most powerful. Optimistic Engulfing pattern. This engine process began with Candle 5 and continued through Candlelight 11. The analyst is closed on all the previous candles. This is a classic optimism. As in this case, it is much stronger when it occurs every year or on a 12 -month chart.

XRP
Source: X EGRAG CRYPTO

Opinions on the current XRP price measures, egrag crypto He said that the noise is still large during the high period. He pointed out that the body of the candlelight 13 is over $ 1.85 and the finger will expand to about $ 3.40. Analysts insisted that the deadline of $ 1.85 or less could show the end of the bull run, and more than $ 3.40 confirmed that XRP was heading for two digits.

Interestingly, the encryption analyst declared that December 31 of this year would be a date to remember in XRP history. He said that market participants can see where the XRP price is and what kind of candle formation is being formed during the legendary year.

Important level XRP

at X postCrypto Analyst Casitrades has returned the XRP price to the $ 2.25 range, one of the most important levels of the chart. She said that this zone served as a resistance and support. Evacuation of $ 0.50And now there is a proper back test.

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The analyst shows that this level of this level can be maintained. But she warned that the time frame confirmation is key and the XRP price is more than $ 2.25 every day. Casitrades added that this level remains a high employment area for buyers, regardless of whether this is the final pivot. She’s main support is $ 1.90. This $ 2.25 support fails.

At the time of writing, the XRP price is about $ 2.21, down almost 3% in the last 24 hours. data In CoinmarketCap.

XRP
XRP transactions at $ 2.17 on the 1D chart | Source: TradingView.com XRPUSDT

Getty images’ main images, TradingView.com charts

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