{"id":596532,"date":"2024-03-06T21:00:32","date_gmt":"2024-03-06T21:00:32","guid":{"rendered":"https:\/\/www.wncen.com\/?p=596532"},"modified":"2024-06-11T08:19:10","modified_gmt":"2024-06-11T08:19:10","slug":"xrp-price-break-bull-pattern","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/ripple\/xrp-price-break-bull-pattern\/","title":{"rendered":"Crypto Analyst Predicts XRP Price To Break Out Of Bull Pattern, Here Are The Targets"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Crypto analyst World of Charts mentioned that the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-will-remain-flat-even-if-bitcoin-roars\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP<\/span><\/a><span style=\"font-weight: 400\"> price is set to experience a significant breakout, which means that the crypto token could soon make a run of its own. Based on the analyst&#8217;s prediction, XRP could see its price triple <\/span><a href=\"https:\/\/bitcoinist.com\/binance-aids-recovery-xrp-retrieval-still-ongoing\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">when that happens<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2>How XRP Price Could Rise To $3<\/h2>\n<p><span style=\"font-weight: 400\">As highlighted by World of Charts, XRP has experienced a &#8220;very long consolidation of &#8220;<\/span><a href=\"https:\/\/bitcoinist.com\/symmetrical-30000-xrp-price\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">symmetrical triangle<\/span><\/a><span style=\"font-weight: 400\">&#8220;, but that could change as the 3-day timeframe suggests that a breakout will occur soon enough. The analyst predicts that XRP will rise to as high as $3 when this breakout happens.\u00a0\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/ethereum\/ethereum-foundation-selling-eth\/\">The Ethereum Foundation Is Selling ETH Again, Is The Top In?<\/a><\/div>\n<p><span style=\"font-weight: 400\">This isn&#8217;t the only indicator painting a bullish narrative for the crypto token, as <\/span><a href=\"https:\/\/bitcoinist.com\/symmetrical-30000-xrp-price\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">crypto analyst Jaydee<\/span><\/a><span style=\"font-weight: 400\"> recently <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-face-melting-rally\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">revealed<\/span><\/a><span style=\"font-weight: 400\"> that XRP had broken out of a six-year trendline. Interestingly, the analyst also hinted that XRP would hit $3 with this breakout occurring. Meanwhile, these predictions have undoubtedly revived the bullish sentiment on the crypto token.<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP hitting $3 is possible, considering that its all-time high (ATH) stands at $3.80. Bitcoin hitting a new ATH also paves the way for altcoins to make a run of theirs and surpass their current ATH.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP also looks long overdue for a new ATH since its ATH came in 2018. The crypto token didn&#8217;t see any significant gains in the <\/span><a href=\"https:\/\/bitcoinist.com\/rewards-2021-bitcoin-bull-buyers-finally-break-even\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">2021 bull run<\/span><\/a><span style=\"font-weight: 400\">, possibly due to the <\/span><a href=\"https:\/\/bitcoinist.com\/sec-xrp-lawsuit-ripple-co-founder\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">regulatory uncertainty<\/span><\/a><span style=\"font-weight: 400\">, which made it less attractive to investors. Having now achieved <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-judge-deems-xrp-sale-non-investment-contract\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">legal clarity<\/span><\/a><span style=\"font-weight: 400\">, XRP looks set to make a comeback in this market cycle.\u00a0<\/span><\/p>\n<h2>Another Bullish Indicator For XRP<\/h2>\n<p><a href=\"https:\/\/www.wncen.com\/analysis\/xrp\/xrp-price-800-5-90-days\/#:~:text=%E2%80%9CXRP%20To%20%245%20In%2090,of%20a%20prolonged%20bull%20market.%E2%80%9D\"><span style=\"font-weight: 400\">Crypto analyst Egrag Crypto<\/span><\/a><span style=\"font-weight: 400\"> recently <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/98758026?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">highlighted<\/span><\/a><span style=\"font-weight: 400\"> XRP\u2019s three-month chart and noted it was very bullish for the crypto token. He laid out a scenario where XRP could rise to \u201cdouble digits in no time and three digits\u201d at the peak of this <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-market-glassnode\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">bull run<\/span><\/a><span style=\"font-weight: 400\">. In the accompanying chart he shared, Egrag hinted at XRP hitting $27 and eventually rising to $107.\u00a0\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/dogecoin\/dogecoin-open-interest-record\/\">Dogecoin Open Interest Surges To Record $1.49 Billion<\/a><\/div>\n<p><span style=\"font-weight: 400\">The $27 mark is one target the crypto analyst has mentioned at <\/span><a href=\"https:\/\/www.wncen.com\/analysis\/xrp\/crypto-4400-xrp-price-27\/#:~:text=Crypto%20Analyst%20Predicts%204400%25%20XRP%20Price%20Surge%20To%20%2427%2C%20Here's%20When,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20Egrag%20Crypto%20continues,this%20is%20a%20real%20possibility.\"><span style=\"font-weight: 400\">different times<\/span><\/a><span style=\"font-weight: 400\"> as his peak XRP price prediction for this market cycle. However, the $107 mark is a new development and will definitely catch the <\/span><a href=\"https:\/\/bitcoinist.com\/strange-memo-in-xrp-escrow-transaction\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP community&#8217;s<\/span><\/a><span style=\"font-weight: 400\"> attention.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Egrag added that buying below the $1 mark will soon be a dream, and those who bought below $0.50 will \u201cbe seen as GODS in the future.\u201d He had <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-face-melting-rally\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">previously suggested<\/span><\/a><span style=\"font-weight: 400\"> that XRP would not go below the $1 again once it breaks that resistance level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at around $0.60, down over 5% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/JMyzeTvq\/\" alt=\"XRP price chart from Tradingview.com (Crypto analyst)\" width=\"3286\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">XRP price falls to $0.59 | Source:<a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\"> XRPUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst World of Charts mentioned that the XRP price is set to experience a significant breakout, which means that the crypto token could soon make a run of its own. Based on the analyst&#8217;s prediction, XRP could see its price triple when that happens. How XRP Price Could Rise To $3 As highlighted by World of Charts, XRP has experienced a &#8220;very long consolidation of &#8220;symmetrical triangle&#8220;, but that could change as the 3-day timeframe suggests that a breakout will occur soon enough. The analyst predicts that XRP will rise to as high as $3 when this breakout happens.\u00a0\u00a0 Related Reading: The Ethereum Foundation Is Selling ETH Again, Is The Top In? This isn&#8217;t the only indicator painting a bullish narrative for the crypto token, as crypto analyst Jaydee recently revealed that XRP had broken out of a six-year trendline. Interestingly, the analyst also hinted that XRP would hit $3 with this breakout occurring. Meanwhile, these predictions have undoubtedly revived the bullish sentiment on the crypto token. XRP hitting $3 is possible, considering that its all-time high (ATH) stands at $3.80. Bitcoin hitting a new ATH also paves the way for altcoins to make a run of theirs and surpass their current ATH.\u00a0 XRP also looks long overdue for a new ATH since its ATH came in 2018. The crypto token didn&#8217;t see any significant gains in the 2021 bull run, possibly due to the regulatory uncertainty, which made it less attractive to investors. Having now achieved legal clarity, XRP looks set to make a comeback in this market cycle.\u00a0 Another Bullish Indicator For XRP Crypto analyst Egrag Crypto recently highlighted XRP\u2019s three-month chart and noted it was very bullish for the crypto token. He laid out a scenario where XRP could rise to \u201cdouble digits in no time and three digits\u201d at the peak of this bull run. In the accompanying chart he shared, Egrag hinted at XRP hitting $27 and eventually rising to $107.\u00a0\u00a0 Related Reading: Dogecoin Open Interest Surges To Record $1.49 Billion The $27 mark is one target the crypto analyst has mentioned at different times as his peak XRP price prediction for this market cycle. However, the $107 mark is a new development and will definitely catch the XRP community&#8217;s attention.\u00a0 Meanwhile, Egrag added that buying below the $1 mark will soon be a dream, and those who bought below $0.50 will \u201cbe seen as GODS in the future.\u201d He had previously suggested that XRP would not go below the $1 again once it breaks that resistance level.\u00a0 At the time of writing, XRP is trading at around $0.60, down over 5% in the last 24 hours, according to data from CoinMarketCap.\u00a0 XRP price falls to $0.59 | Source: XRPUSD on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":596559,"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":[167,6664,26263,14690,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-596532","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-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Predicts XRP Price To Break Out Of Bull Pattern, Here Are The Targets<\/title>\n<meta name=\"description\" content=\"Crypto analyst World of Charts mentioned that the XRP price is set to experience a significant breakout from a bull pattern.\" \/>\n<meta name=\"robots\" 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