{"id":610870,"date":"2024-05-31T23:00:27","date_gmt":"2024-05-31T23:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=610870"},"modified":"2024-06-11T07:46:26","modified_gmt":"2024-06-11T07:46:26","slug":"1400-7-5-for-xrp-price-rsi","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/1400-7-5-for-xrp-price-rsi\/","title":{"rendered":"Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/span><\/a> has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with the recent revelation that <\/span>XRP\u2019s Relative Strength Index (RSI)<\/span><\/a> has reached its lowest ever.\u00a0<\/span><\/p>\n

Time For An XRP Price Breakout<\/h2>\n

Egrag Crypto shared a chart in an X (formerly Twitter) <\/span>post<\/span><\/a> that showed that the crypto token could rise to $7.5 when it accomplishes the <\/span>breakout<\/span><\/a>, which the crypto analyst claimed is imminent. <\/span>Egrag<\/span><\/a> highlighted a \u201cWhite Triangle\u201d breakout on the chart, which he stated is \u201caligning perfectly\u201d with the previous charts and the Fib 0.702 to 0.786 levels.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

He added that the measured move is projected to be between $1.2 and $1.5 before XRP could take off and climb to $7.5. Egrag further remarked that the \u201c<\/span>critical breakout point<\/span><\/a>\u201d for XRP is around $0.70 and $0.7\u20195 and that the crypto token is \u201cpoised\u201d to achieve this breakout in the \u201cnext couple of weeks.<\/span><\/p>\n

Egrag warned that XRP could still experience significant declines before then, stating that a retest of the breakout might be on the cards. However, he is convinced that a \u201c<\/span>MEGA RUN<\/span><\/a> for XRP is on the horizon.\u201d<\/span><\/p>\n

Meanwhile, for the second scenario of how XRP could achieve its impending breakout, Egrag Crypto highlighted an \u2018Atlas Line\u2019 on the XRP chart and claimed that the breakout point for XRP is at $0.6799. He noted that XRP is still holding strong \u201clike a boss\u201d on the atlas line, suggesting it shouldn\u2019t be long before it breaks above $0.6799.\u00a0<\/span><\/p>\n

In the meantime, $0.5777 and $0.5000 are key price levels that <\/span>XRP holders<\/span><\/a> should monitor. Egrag labels them resistance and support levels for XRP\u2019s upward trend along this atlas line.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

XRP Hits Its Lowest RSI In History<\/h2>\n

Egrag revealed in a more recent <\/span>X post<\/span><\/a> that <\/span>XRP\u2019s RSI<\/span><\/a> is at its lowest ever. He noted that this assertion was based on the monthly time frame and shared a chart to prove his claim. Following his revelation, Egrag highlighted how <\/span>bullish this was for XRP<\/span><\/a>, stating, “If this isn\u2019t a positive signal, I don\u2019t know what is.\u201d<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

The chart he shared showed that XRP\u2019s Relative Strength Index is at 38, which is indeed bullish for the crypto token. <\/span>Low RSI levels<\/span><\/a> are considered a <\/span>buy signal<\/span><\/a> since they suggest that the coin is oversold and undervalued. Therefore, crypto investors might be looking to accumulate XRP, with these buy orders expected to trigger a move to the upside for the crypto token.\u00a0<\/span><\/p>\n

At the time of writing, XRP is trading at around $0.52, up almost 1% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"XRP
XRP price suffers drawdown | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with the recent revelation that XRP\u2019s Relative Strength Index (RSI) has reached its lowest ever.\u00a0 Time For An XRP Price Breakout Egrag Crypto shared a chart in an X (formerly Twitter) post that showed that the crypto token could rise to $7.5 when it accomplishes the breakout, which the crypto analyst claimed is imminent. Egrag highlighted a \u201cWhite Triangle\u201d breakout on the chart, which he stated is \u201caligning perfectly\u201d with the previous charts and the Fib 0.702 to 0.786 levels.\u00a0 He added that the measured move is projected to be between $1.2 and $1.5 before XRP could take off and climb to $7.5. Egrag further remarked that the \u201ccritical breakout point\u201d for XRP is around $0.70 and $0.7\u20195 and that the crypto token is \u201cpoised\u201d to achieve this breakout in the \u201cnext couple of weeks. Egrag warned that XRP could still experience significant declines before then, stating that a retest of the breakout might be on the cards. However, he is convinced that a \u201cMEGA RUN for XRP is on the horizon.\u201d Meanwhile, for the second scenario of how XRP could achieve its impending breakout, Egrag Crypto highlighted an \u2018Atlas Line\u2019 on the XRP chart and claimed that the breakout point for XRP is at $0.6799. He noted that XRP is still holding strong \u201clike a boss\u201d on the atlas line, suggesting it shouldn\u2019t be long before it breaks above $0.6799.\u00a0 In the meantime, $0.5777 and $0.5000 are key price levels that XRP holders should monitor. Egrag labels them resistance and support levels for XRP\u2019s upward trend along this atlas line.\u00a0 XRP Hits Its Lowest RSI In History Egrag revealed in a more recent X post that XRP\u2019s RSI is at its lowest ever. He noted that this assertion was based on the monthly time frame and shared a chart to prove his claim. Following his revelation, Egrag highlighted how bullish this was for XRP, stating, “If this isn\u2019t a positive signal, I don\u2019t know what is.\u201d The chart he shared showed that XRP\u2019s Relative Strength Index is at 38, which is indeed bullish for the crypto token. Low RSI levels are considered a buy signal since they suggest that the coin is oversold and undervalued. Therefore, crypto investors might be looking to accumulate XRP, with these buy orders expected to trigger a move to the upside for the crypto token.\u00a0 At the time of writing, XRP is trading at around $0.52, up almost 1% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":610887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-610870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nExpert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low<\/title>\n<meta name=\"description\" content=\"Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price, potentially sending it as high as $7.5.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low","url":"http:\/\/wncen.com\/news\/ripple\/1400-7-5-for-xrp-price-rsi\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/1400-7-5-for-xrp-price-rsi\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/XRP-price-8.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/XRP-price-8.jpeg?fit=1792%2C1024"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2024-05-31T23:00:27Z","datePublished":"2024-05-31T23:00:27Z","dateModified":"2024-06-11T07:46:26Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/1400-7-5-for-xrp-price-rsi\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/1400-7-5-for-xrp-price-rsi\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-price-8.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-price-8.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-05-31T23:00:27Z\",\"datePublished\":\"2024-05-31T23:00:27Z\",\"dateModified\":\"2024-06-11T07:46:26Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/XRP-price-8.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/610870"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=610870"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/610870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/610887"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=610870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=610870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=610870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}