XRP Key Stages, Fibonacci Extension Suggests Highest Price at $5.30
Cryptocurrency analyst Guy has declared that XRP is in a critical moment as the cryptocurrency is about to break out of its current range,
He predicted that XRP price could hit a new all-time high (ATH) by breaking out to $5.30,
Guy said in a post that XRP is testing the top of its range again and its current situation is a sign of the start of a strong uptrend.
According to him, the $2.55 price is a key level, which if broken will confirm a new uptrend, followed by $3.84 (Mojo ATH) and $5.30 (Fibonacci Extension Level).
Guy added that the $2.33 price is also a key level, as it has risen to a low of $2.55, which is likely to be the highest price to be reached locally.
XRPโs highest price at the beginning of this year is $3.2, which is close to the current ATH,
Crypto analyst CasiTrades also expects positive results for XRP and says that the cryptocurrencyโs price growth prospects are strengthening.
He said that the price structure has classic bullish signals, with several lows forming and highs being achieved to overcome the $2.25 price, which is the peak of several consoles.
He added that this is a technical confirmation that your mood has turned positive and the investment phase is complete.
Currently, the price of XRP is around $2.26 and has been seen over the past 24 days,
Overall, experts believe that XRP has reached a significant technical turning point and may see a consolidation, which could prove to be a significant investment opportunity.
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