XRP Price Pullback Part of Plan for Historic Breakout to $10
Crypto analyst XForce believes the recent XRP price pullback is part of a strategy leading to a potential breakout to $10. Key points include:
- XForce has anticipated this correction for months, asserting it is essential for reaching double digits.
- The corrective structure indicates a larger bullish trend, with expectations for XRP to achieve new all-time highs.
- XForce predicts an upcoming Wave 3 movement that may propel XRP towards $10 before a subsequent pullback.
- He estimates a possible rally to $40 in Wave 5 before the current bull cycle concludes.
- XForce suggests the bottom for XRP has been reached, signaling readiness for upward momentum.
Market Insights on XRP
Another analyst, Dark Defender, notes that XRP is poised for an extreme bull run soon. Key levels to monitor are:
- Resistance at $2.222 and $2.40
- Support at $1.8815
Dark Defender cautions that XRP could dip below $2 before the expected surge, indicating three additional waves are likely in smaller timeframes.
As of now, XRP is trading around $2.18, reflecting an increase over the past 24 hours.
