Will the price of XRP soar like foam? One analyst says it could reach $15 by
Hey guys! Ready for news that will leave you speechless? An analyst who knows a bunch of charts and numbers predicts that the cryptocurrency XRP could reach an impressive figure of $15 by July 24. Yes, you heard that right! Fifteen green bills! This guy calls it "XRP Summer," and honestly, it sounds like a party with lots of money. 🥳
Why is this guy so confident in this crazy idea? 🤔
An analyst who calls himself WatersAbove says this is not just a figment of imagination. There's science behind it! He based it on how XRP behaved in the past, as if the present is a mirror of 2017. You remember that year, right? When XRP skyrocketed uncontrollably. Well, according to him, we are in a very similar moment, like at the end of 2016, just before it exploded. It's as if XRP is gearing up for a big leap. 🐸
His analysis shows that XRP has already completed a correction phase (like when someone takes a break before continuing to run) and is now ready to repeat that historic rise. WatersAbove points to Fibonacci levels (which are key points on charts) suggesting that the price could reach $15. Those are the numbers that make us dream! ✨
The chart doesn't lie: an explosion is coming! 📈
The pattern that WatersAbove is observing is that XRP is about to break the resistance it has faced for many years. It's like when a boxer hits his opponent so hard that he knocks him out. And the best part is that this is accompanied by a large volume of purchases, meaning people are putting money into XRP.
This period of "consolidation," which is kind of a calm before the storm, has lasted about 485 days and will end in 2025. This is almost identical to the 473 days we saw before the massive rise in 2017! The symmetry is so tight that the analyst is convinced we are in for the biggest price increase of XRP in years. Moreover, he says that if XRP exceeds $3.30, it will trigger the final wave of this bullish cycle! Keep an eye on that number! 👀
So, how much is XRP worth now? 🤔
At the time of this analysis, XRP was hovering around $2.20 and has already increased by more than 6% in a day. Now, to reach that $15, it needs to grow by more than 570% in just over a month! This is a super ambitious goal, but WatersAbove insists that XRP is ready, structurally and technically, for this massive event.
So, folks, stay alert! This "XRP Summer" could be the opportunity many have been waiting for. Will XRP surprise us and take off to the moon? Only time will tell! 🌕$XRP