#BinanceTurns8 XRP Key Stage for XRP, Fibonacci Extension Predicts Potential High at $5.30
Cryptocurrency analyst Guy has announced that this is a crucial time for XRP as the cryptocurrency is about to break out of its current range,
He has predicted that the price of XRP could rise and potentially reach $5.30, which will be a new record high (ATH),
Guy said in a post that XRP is going to test the top of its range again and its current situation is a sign of the beginning of a strong uptrend,
According to him, the price of $2.55 is a key level, above which the price will confirm a new uptrend, and after that $3.84 (current ATH) and $5.30 (Fibonacci extension level) will be the next targets,
Guy added that the price of $2.33 is also a key level, as its break will at least could rise to $2.55, which is similar to the local high reached in May,
Earlier this year, XRP’s annual high was $3.2, which is close to the current ATH,
Crypto analyst CasiTrades has also identified a positive trend for XRP and said that the cryptocurrency’s price prospects are strengthening,
He said that the price structure has classic bullish signals, with multiple higher lows and a price break above $2.25, which is the peak of several months of consolidation,
He added that this technical signal confirms that the market sentiment has turned positive and the investment phase has been completed,
Currently, XRP is priced at around $2.26 and has seen an increase in the past 24 hours,
Overall, experts believe that XRP has reached a significant technical turning point and will soon enter a Strong growth may be seen, which could prove to be a major opportunity for investors ....
