XRP Fractal Suggests Price Could Rise Over 100% To $7 In November

The XRP price is showing signs of repeating a past price pattern that once led to a strong ￰0￱ to crypto analyst Egrag Crypto, this setup suggests a move higher in the weeks ￰1￱ back the bullish case, the token is currently holding its ground above support ￰2￱ across the market are now waiting to see if this pattern develops into another upward ￰3￱ Spots Bullish Fractal Formation In XRP Price Chart Egrag Crypto has been studying the XRP price chart and points to what he calls a repeating fractal ￰4￱ this case, the current price structure with the yellow fractal of XRP resembles one seen before a strong rally in the ￰5￱ indicates that the token price has been fluctuating within a narrow range for some ￰6￱ Reading: Pundit Shares ‘XRP Endgame’: What To Watch Out For With Ripple This type of price action often suggests that the market is building pressure, and according to him, XRP is getting ready for the next ￰7￱ XRP continues to follow this fractal, the token could break through resistance levels, confirming the bullish ￰8￱ resistance points are at $3.91 and $5.56.

This sideways trading has built a stable base on the chart, and the fractal points to the next move possibly starting ￰9￱ Price Targets $6–$7 By Mid-November Based on this fractal setup, Egrag Crypto projects that XRP could trade between $6 and $7 by mid-November ￰10￱ a move would mean the token more than doubles in value from its current level. A rise of over 100% in such a short period would bring renewed attention to XRP and could signal the start of a broader rally across the crypto ￰11￱ $6 to $7 target zone is the key part of his bullish outlook, marking a possible turning point for ￰12￱ Reading: Market Expert Says XRP Price At $1,000 Will Happen, But The Timeline Is Different Currently, XRP is valued at $3.03, marking modest but steady ￰13￱ the past 24 hours, it has gained around 2.57%.

Over the past week, the token has increased by 3.21%, and on the monthly chart, it has added 3.3%. With the rise in XRP markets, adding more strength, showing that buyers are gradually pushing the price ￰14￱ constant build often prepares the way for bigger moves if the buying ￰15￱ to the analysis, if XRP is to keep moving in a bullish direction, staying above the $2 support area is ￰16￱ XRP maintains this base, it makes the fractal projection of $6 to $7 by mid-November much more ￰17￱ often point to support levels as foundations for rallies, and in this case, the $2 price level could serve as the platform that launches the token toward its projected price range of $6 to $7.

Featured image from DALL. E, chart from ￰18￱