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- XRP broke the $0.65 resistance level after over 90 days.
- EGRAG accurately forecasted the surge, pointing out a ‘W’ formation that indicated a trend reversal.
- EGRAG compares XRP’s resistance to the Berlin Wall and expects a breakthrough into the $1.10 to $1.40 range.
XRP managed to shatter a crucial resistance level, surging past the $0.65 mark. The breakout was met with great enthusiasm from investors and analysts alike, with seasoned chartist EGRAG leading the optimistic charge.
EGRAG, a respected figure in the world of cryptocurrency analysis, had previously hinted at XRP’s potential when the digital asset was trading at a modest $0.54. He discerned a distinctive pattern on the charts, a ‘W’ formation, suggesting an imminent trend reversal with significant momentum. His foresight proved accurate as XRP steadily climbed, eventually surpassing the $0.65 resistance point after over three months of stagnation.
What sets EGRAG’s analysis apart is his analogy comparing XRP’s resistance level challenges to the historic Berlin Wall. He boldly claimed that this barrier was on the verge of collapsing, paving the way for a substantial price surge. With XRP currently standing at $0.6733, EGRAG’s prediction gains credibility, drawing attention to his next ambitious forecast.
EGRAG now firmly believes that XRP is poised for a remarkable breakthrough, targeting an impressive price range between $1.10 and $1.40. According to his analysis, breaching the previously mentioned resistance point is crucial.
He anticipates a temporary retest of the range between $0.55 to $0.58, followed by a rebound. Should this rebound occur as predicted, it would confirm the path for XRP to soar into the projected price range. Investors are eagerly watching the market, considering EGRAG’s track record of accurate predictions.