XRP Price Is About To Close A 3M Candle Above This Major Region, Here’s What It Means For Price

Crypto analyst Bobby has revealed that the XRP price is about to close a 3-minute candle above a major ￰0￱ indicated that this was very bullish for the altcoin, providing insights into how high it could ￰1￱ Price Set To Close Fourth 3M Candle Above In an X post, Bobby revealed that the XRP price is about to close its fourth 3-minute candle above the highest 3-minute candlestick close of its prior bull ￰2￱ added that the altcoin is also on track to close a 3-minute candle body above the previous 3-minute candle wick high amid a highly fearful market and even without reaching a 1.618 ￰3￱ Reading: XRP Price Is ‘Firing On All Cylinders’ As Super Rare Bullish Setup Emerges Based on this, he urged market participants to “think bigger,” possibly alluding to the projections for the XRP price in this market ￰4￱ accompanying chart showed that XRP could rally to as high as $13, representing a gain of over 400% from its current price level.

Meanwhile, Bobby highlighted the candle closes above the April 2021 high as another reason he is bullish on ￰5￱ analysis comes amid a market downtrend, which has seen the XRP price drop below crucial support ￰6￱ suggested that the current downtrend was nothing to worry ￰7￱ stated that a golden pocket retest for XRP, from its latest low to its swing high, would be between $2.50 and $2.55. However, he declared that a drop to this range wouldn’t change a “single thing” about where the altcoin is heading. Instead, the crypto analyst believes that this would help weed out paper hands, who don’t deserve to benefit from what is to come for the diamond hand ￰8￱ added that strategy and patience are needed amid the wait for the XRP price to reach new ￰9￱ Could Reach As High As $33 Crypto analyst Egrag Crypto has predicted that the XRP price could reach as high as $33 in this market ￰10￱ explained that, within the 2-week timeframe of the last leg in previous cycles, XRP always touched the 21 EMA before it blasted ￰11￱ 2017, the altcoin touched the EMA and then surged 1,250% while it rallied 560% in ￰12￱ Reading: XRP Analyst Says ‘We Will All Be Surprised’ By October With This Breakout Egrag Crypto noted that if history repeats, the XRP price could rise to as high as $33 or $17, based on the gains from the previous cycle.

Meanwhile, XRP could also record an average rally of 905%, which would put its price at $27. The analyst added that he doesn’t see how XRP won’t reach these ￰13￱ the time of writing, the XRP price is trading at around $2.85, up over 2% in the last 24 hours, according to data from ￰14￱ image from Getty Images, chart from ￰15￱