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You are here: Home / News / XRP: Analyst’s Bold Predictions Ignite Crypto Enthusiasts’ Hopes For Bullish Rally
XRP

XRP: Analyst’s Bold Predictions Ignite Crypto Enthusiasts’ Hopes For Bullish Rally

August 24, 2023 by Ammar Raza

In a recent flurry of tweets, the enigmatic crypto analyst behind the EGRAG CRYPTO account has sent ripples through the XRP community. Known for their accurate predictions and technical analyses, the analyst has now set their sights on XRP’s future, using the monthly Moving Average Convergence Divergence (MACD) chart as their crystal ball.

#XRP Monthly MACD:

Technical Analysis (TA) functions much like any spoken language. To comprehend it, you must possess the skill to interpret its messages.

In the following MACD Chart, the message is crystal clear: "Prepare for a #BullRun" – expressed in straightforward terms.… pic.twitter.com/VH7C1L38ly

— EGRAG CRYPTO (@egragcrypto) August 23, 2023

Drawing a parallel between the MACD analysis and deciphering spoken language, the analyst insists that one must be able to interpret the chart’s messages. In a tweet that left the community buzzing, EGRAG CRYPTO confidently exclaimed, “Prepare for a BullRun.” The analyst points to the historical precedent of a #Bullish crossover on the monthly MACD, which has consistently preceded significant bull runs.

Crypto enthusiasts, collectively known as the XRPArmy, are advised to “STAY STEADY” in the face of market fluctuations. The analyst’s conviction is evident as they assert that regrets will only stem from not accumulating more tokens.

Phases Of The Cosmic Adventure: XRP’s Price Trajectory

Previously in a tweet, the spotlight shifted to the “XRP ATLAS LINE,” a concept introduced by the analyst that seemed to conjure a sense of magic. The ATLAS LINE, symbolizing unyielding strength, has reportedly captured the imagination of the XRP community. EGRAG CRYPTO tantalizingly hinted at an upcoming strategic plan that promises a cosmic journey of price discovery.

The analyst’s predictions unveiled a multi-phase trajectory. Starting with a pump in the $1.3 to $1.5 range, XRP is expected to undergo a calculated retest before soaring to new heights of $2.8 to $3.0. The ATLAS LINE reconnection, as foreseen, is anticipated to occur around $1.3 to $1.5. The narrative takes an intriguing turn with fireworks dancing in the $13 to $15 range, where steadfast holders prove their mettle.

image 54 6

With an unwavering tone, EGRAG CRYPTO envisions a triumphant journey, culminating in a bold march of the XRPArmy to $27. A new floor of support at $10 is projected to transform into a solid foundation, akin to the mighty #XRPArmy’s new $1.

In these predictions, the analyst sees the Ripple token’s unparalleled legal clarity as its ascension to the throne of “Valhalla” – a term synonymous with a place of honor and ultimate victory. As the community eagerly holds its breath, only time will tell if the analyst’s grand visions will come to fruition or if they will be confined to wishful thinking.

Related Reading | Base Surpasses Ethereum’s TPS with Record Highs

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, Ripple (XRP)

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