Crypto analyst CasiTrades has updated its XRP price forecast, revealing the next critical targets for the crypto. Other crypto analysts have also provided price targets for XRP.
XRP Price Prediction: Targets to Watch
In an X post, CasiTrades revealed $2.18 and $2.28 as the next critical targets while providing an update on its XRP price forecast. this came because she noted that the plan was still going ahead exactly as planned.
After the strong reaction at the midpoint at $2.30, CasiTrades said that XRP has now officially broken that level and is heading to $2.18 to complete subwave 3 of the E wave.
If the XRP eventually falls to $2.18, CasiTrades said it will look for a bounce back to subwave 4 at $2.28, and then the final move down to the bottom line.
Meanwhile, a CoinGape market analyst recently provided three reasons why the price of XRP could see a bullish turn amid DOJ's possible $6.5 billion BTC sale.
One of those reasons is that the bullish trend remains strong. Major banks like Japan's SBI and Bank of America are also accepting XRP. Thirdly, a bull flag appears at XRP's rally to $15.
Price correction is almost over
While discussing his XRP price prediction, crypto analyst Dark Defender suggested that the price correction is almost over. According to him, XRP is closer to the end of a correction on smaller time frames, such as the 4-hourly and daily charts.
The crypto analyst also said that XRP is moving similarly to the monthly pattern of 2017. While discussing the RSI and several other indicators, Dark Defender added that XRP's run has not yet been concluded and that he remains optimistic about the weekly and monthly schedules.
Two entries for XRP
Crypto analyst Ali Martinez said that XRP offers two possible entries for market participants. He said the first is the upward trend at $2.05. The second is the breakout outside the pen at $2.50.
Martinez said that regardless of the entry, the target for the medal is $10. Among these XRP price predictions, crypto analyst Mikybull Crypto has predicted a breakout to $3, which could pave the way to a new all-time high (ATH) for XRP.
Disclaimer: The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication is responsible for your personal financial loss.
Source: https://coingape.com/xrp-price-prediction-analyst-reveals-the-next-crucial-targets-for-xrp/
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