XRP, Ripple Labs’ native token, seems to be getting a lot of attention from crypto enthusiasts as it has formed a bullish price action pattern on its daily time frame. Amid this bullish outlook, a prominent crypto expert posted on X (formerly Twitter) making a bold prediction that XRP could reach $11 in the coming days.
Expert Bold Prediction for XRP
In a post on Amid this consolidation, the price appears to be stuck in a narrow range and is facing resistance around $2.73.
The expert emphasized that before XRP breaks this resistance level, there is a high chance that it could pull back towards the $2.05 mark. Furthermore, if the
In addition to this bold prediction, XRP is currently trading around $2.42 and has experienced a price drop of 1.50% over the past 24 hours. During the same period, trading volume fell 25%, indicating lower participation from traders and investors amid the bullish outlook.
XRP Price Prediction and Upcoming Levels
However, CoinPedia’s technical analysis suggests that XRP has already broken out of the bullish flag and pole price action pattern but is currently retesting the $2.40 breakout level. Based on the recent price action, if the asset holds this level and closes a daily candle above it, it could signal further bullish momentum.
Based on the recent price action, if the altcoin remains above $2.30, there is a high chance that it could rise by more than 40% to reach $4.50 in the future.