Analyst Tells Community To Pay Attention To This Fractal
A cryptocurrency analyst shared Ripple price chartsuggesting a breakout to $10 is possible if the famous altcoin is able to replicate past fractals. analysts urge Ripple Community Monitor this fractal closely, emphasizing the need to monitor price action in the coming weeks.
XRP price could hit $16 as analysts see bullish fractal
An XRP supporter (known as “LUDXRP”) on X (formerly Twitter) has release Detailed chart analysis predicts XRP price could climb to Ambitious price target $16.15. The analyst mentioned the presence of historical fractals on XRP charts.
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this fractal patternrepresented by the blue circle on the chart, highlights the significant increase in XRP price. The way the chart is going, if XRP is able to replicate this fractal, it could trigger Prices rise sharply Nearly $16.15.
The chart also shows multiple green horizontal lines, highlighting different areas of resistance and support that could trigger a market reaction. Ripple price. XRP is trading at $2.42 and a horizontal trendline above the current price is seen key resistance level.
The analyst highlighted that intermediate price levels such as $2.8, $4.1, $7.6, and $12.7 are key resistance levels that XRP must surpass to reach the ambitious target of $16.15. Additionally, the chart identifies $2 as a potential support level and warns that if the price falls below this level, it could lead to possible price drop to $1.
With XRP likely to break above $16, XRP supporters are urging community members to pay close attention to the fractal on the price chart. He emphasized the importance of XRP maintaining an upward trend within the blue circle, which could trigger his point price increase expected Close to $16.
XRP is set for a ‘face-melting’ rally this Christmas
A cryptocurrency analyst known as a “chartist” on X expressive Optimism about XRP’s future price prospects. Analysts Say XRP Could Experience a ‘Face Melt’ Rally to new highs before Christmas and late January.
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The analyst said that if XRP continues to follow the bullish trend seen in 2017, the market may consolidate for another two weeks before Christmas. he disclosed This bullish prediction is primarily based on XRP’s fractal and does not rely on Fibonacci levels.
respond to a Comment According to one member of the cryptocurrency community, chartists agree that XRP will experience a series of strong green moves by December 30, possibly driven by Christmas hype or the bullish sentiment surrounding it. RLUSD stablecoin.
The analyst also agreed that on January 20, inauguration day The inauguration of Donald Trump as President of the United States may mark a peak for XRP price, and the market may consider this a “sell news event.”
Featured image created using Dall.E, chart from Tradingview.com
