crypto complex
07/16 11:07
Technically, crypto analyst EGRAG CRYPTO points out major chart structures with $3.65 as the next significant target, as some in trading circles have dubbed it, this “Valhalla Gate.”
This is in agreement with historical cycle patterns, in which XRP has tended to experience mid-cycle peaks and bullish pennant structures before big movements. These patterns imply XRP is not only due for a local breakout but potentially entering a considerably larger bull move.
momentum is sustained and XRP achieves a closure above $3.65 in the next few weeks, long-term targets of $12-$23 could come into play. These targets would be in accordance with past market cycles, in which XRP exhibited considerable increases in such setups.
All Comments0LatestHot
No records