BULLISH 📈 : Analyst Predicts XRP Bottom And Long-Term Target Of $10

XRP Price Update:

  • XRP has dropped over 60% from its July all-time high, showing potential for further decline.
  • Analyst Crypto Patel suggests XRP may be entering an accumulation phase.
  • XRP corrected roughly 58% from its recent peak, placing it in an accumulation zone between $1.50 and $1.30.
  • If XRP falls below $1.30, the next accumulation band is between $0.90 and $0.70.

XRP

Long-Term Target:

  • The long-term target for XRP remains at $10, despite current price action being far from this goal.
  • Buying opportunities are suggested at $1.50-$1 during market dips for potential higher returns.
  • Past performance: Patel previously predicted a significant rally from $0.50 to $3.66, achieving gains over 600%.

Current Price Action:

  • In the past 24 hours, XRP's price fell from an intraday high of $1.44 to a low of $1.14, now trading at $1.30.
  • The current price is significantly below the $10 target, with a gap of 670% to reach that level.

XRP