XRP price to $ 110? Bollinger Bands creates the reason for becoming a pioneer in the market
The cause of confidence
The strict editorial policy that focuses on accuracy, importance and impartiality
It was created by industry experts and carefully review
The highest standards in reports and publishing
The strict editorial policy that focuses on accuracy, importance and impartiality
Morbi Pretium Leo Et Nisl Aliguam Mollis. Quisque Arcu Lorem, Quis Quis Pellentesque NEC, ULLAMCORPER EU ODIO.
Este artículo también está disponible en estñol.
The price of XRP can be based on Bonuance gathering to its highest levels ever From $ 110. While an analyst participates in a technical analysis to support this ambitious goal, John Bollinger, the Bolleger Bands John Bollinger, announces that XRP is a pioneer in the market in the encryption space.
The analyst expects the goal of the new XRP price to $ 110
In X somewhat long (previously Twitter) mailThe market expert EGRAG Crypto went deep into his XRP analysis, drawing from his predictions on Elliot wave structure. The encryption analyst expected that XRP was heading about $ 110. This upscale goal represents a huge increase by 3974 % over its current market value.
Related reading
First, the EGRAG encryption determines the five -wave XRP structure, which confirms that each wave can Pay the cryptocurrency to a new goal. The analyst reveals that XRP is currently in the wave 2 of the Elliott wave structure and closely approaches the 3 wave, which is expected to lead to an increase in the explosive increase.
In wave 1, XRP has seen a 733 % impressive to its highest new levels. However, in its current wave 2, Egrag Crypto highlights that his 2017 fracture appears deeper. With the formation of a Double bottom patternThe analyst predicted a possible collapse of prices for the encrypted currency.
Egrag Crypto also expects that the 3 wave will lead to a reflection and cause the price to rise by 1,185 %. this A significant increase in prices It would effectively put the XRP price in a possible goal between $ 22 and $ 24. For a more conservative goal, the analyst is estimated at $ 22 to $ 24.
For wave 4, Egrag Crypto predicts another big alternative to wave 2. However, this time, the analyst believes XRP can decrease By 14.6 %, 23.6 %, or 38.2 % of the 3 wave price. This correction will lead to a decrease of 65 % of the peak Wave 3, which leads to a decrease in the price of encoded currency to $ 8. It also highlights a worse condition Detate scenario Where XRP is disrupted up to $ 3.4.
It is worth noting that Egrag Crypto shares Three potential upward goals For wave 5, the last part of the Eliott wave structure. Altcoin is expected to range from $ 32 to $ 48, or $ 60 to $ 70, or $ 95 to $ 110. The analyst was based on his optimistic expectations on the directions of the previous session, where the year 2017 witnessed a major prices for XRP.
Bollinger Bands says that the origin is to become a leader
In other news, Paulinger, the famous creator Bollinger Band Technical Analysis ToolHe has High XRP in its last post, wondering whether it can take a leading role in the encryption market. Technical analyst confirms that Ripple has stood better than other initial encryption vehicles.
Consider its legal battles with The United States again The current organizational challenges still remain flexible, with the aim of obtaining clarity during The final stages of the five -year lawsuit. Meanwhile, the XRP price, which is currently being traded at $ 2.4, has increased recently, an increase of approximately 4 % on the last day, according to Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
