{"id":604929,"date":"2024-04-24T19:00:51","date_gmt":"2024-04-24T19:00:51","guid":{"rendered":"https:\/\/www.wncen.com\/?p=604929"},"modified":"2024-06-11T08:12:32","modified_gmt":"2024-06-11T08:12:32","slug":"vechain-xrp-parabolic-surge","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/vechain-xrp-parabolic-surge\/","title":{"rendered":"Analyst Singles Out VeChain And XRP For Parabolic Surge, Here Are The Targets"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/39000-xrp-price-to-hit-220\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Egrag Crypto<\/span><\/a><span style=\"font-weight: 400\"> has singled out <\/span><a href=\"https:\/\/www.wncen.com\/altcoin\/vechain-vet-reach-finish-line\/\"><span style=\"font-weight: 400\">VeChain (VET)<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><span style=\"font-weight: 400\">XRP<\/span><span style=\"font-weight: 400\"> as two crypto tokens that could soon witness significant price surges. The analyst also outlined price targets crypto investors can expect these tokens to attain.<\/span><\/p>\n<h2>VeChain Could Rise To As High As $2.5<\/h2>\n<p><span style=\"font-weight: 400\">From the chart Egrag shared in his X (formerly Twitter) post, one could see that he was hinting that <\/span><a href=\"https:\/\/www.wncen.com\/altcoin\/vechain-vet-to-new-ath\/\"><span style=\"font-weight: 400\">VeChain<\/span><\/a><span style=\"font-weight: 400\"> hit $2.5 at its market peak. He also elaborated on how the crypto token will rise to that level by breaking its price action into three targets. The first target was the yellow channel, which he highlighted on the chart.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/ripple-2\/ripple-vs-sec-update-lawsuit\/\">Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?<\/a><\/div>\n<p style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-604932 aligncenter\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/VeChain.png?w=460&#038;resize=460%2C201\" alt=\"VeChain\" width=\"460\" height=\"201\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/VeChain.png?w=512 512w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/VeChain.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><\/p>\n<pre style=\"text-align: center\">Source: X<\/pre>\n<p><span style=\"font-weight: 400\">VeChain is expected to rise to as high as $0.18 when this target is fully achieved. Egrag noted that this will mark the \u201cforging of the MACRO-Bottom.\u201d The second target will see the <\/span><a href=\"https:\/\/bitcoinist.com\/vechain-partners-with-shopping-io-to-enable-vet-holders-shop-with-vet-on-amazon-ebay-walmart-and-etsy\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">crypto token<\/span><\/a><span style=\"font-weight: 400\"> rise to almost $0.9. The analyst pointed out that this channel \u201caligns with the Fib 0.702 &amp; 0.786 levels,\u201d forming what he referred to as the \u201cMid-Bull-Cycle.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">VeChain is expected to rise to as high as $2.5 when the last target is achieved. Egrag remarked that this target aligns with \u201ckey Fib levels 1.236, 1.414, &amp; 1.618, suggesting the potential cycle top for #VET.\u201d This isn\u2019t the first time the <\/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\">crypto analyst<\/span><\/a><span style=\"font-weight: 400\"> has laid a bullish narrative for the VeChain token.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In February, he <\/span><a href=\"https:\/\/www.wncen.com\/altcoin\/vechain-vet-price-rally-14600\/\"><span style=\"font-weight: 400\">predicted<\/span><\/a><span style=\"font-weight: 400\"> that the crypto token could witness a 140x price increase if it repeats its price action from around 2021 when it rose by 14.638%.\u00a0<\/span><\/p>\n<h2>XRP Run To $1.4 Still In Play<\/h2>\n<p><span style=\"font-weight: 400\">Egrag provided his bullish analysis of XRP in a separate <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/70997749\" rel=\"nofollow\"><span style=\"font-weight: 400\">X post<\/span><\/a><span style=\"font-weight: 400\">. He stated that the crypto token\u2019s double formation was giving a \u201cstrong bullish signal.\u201d He added that he is confident that the \u201cthrust will soon.\u201d This recent analysis was an update to a previous one where he predicted that <\/span><a href=\"https:\/\/www.wncen.com\/analysis\/xrp\/xrp-price-3000-rally-to-22\/\"><span style=\"font-weight: 400\">XRP would rise to $1.4<\/span><\/a><span style=\"font-weight: 400\"> soon enough.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-604933 aligncenter\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/XRP.png?w=460&#038;resize=460%2C201\" alt=\"XRP\" width=\"460\" height=\"201\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/XRP.png?w=512 512w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/04\/XRP.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><\/p>\n<pre style=\"text-align: center\">Source: X<\/pre>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><span style=\"font-weight: 400\">Back then, he was also confident that this move to the upside was imminent, noting that <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-whales-220-million-price\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">the bulls had accumulated<\/span><\/a><span style=\"font-weight: 400\"> all the XRP tokens that the bears had dumped. He urged XRP holders to \u201cstay steady\u201d in anticipation of the life-changing opportunities that may arise due to the crypto token\u2019s parabolic surge.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/ethereum\/ethereum-justin-sun-127388-eth\/\">Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree<\/a><\/div>\n<p><span style=\"font-weight: 400\">Egrag has remained bullish on the XRP token despite its unimpressive price action. He has <\/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\">predicted<\/span><\/a><span style=\"font-weight: 400\"> at different times that the crypto token could rise to as high as $27 at its market top.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at around $0.54, up 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.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/gl9UKNbI\/\" alt=\"VET price chart from Tradingview.com \" width=\"3286\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">VET price at $0.04 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">VETUSDT 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 Egrag Crypto has singled out VeChain (VET) and XRP as two crypto tokens that could soon witness significant price surges. The analyst also outlined price targets crypto investors can expect these tokens to attain. VeChain Could Rise To As High As $2.5 From the chart Egrag shared in his X (formerly Twitter) post, one could see that he was hinting that VeChain hit $2.5 at its market peak. He also elaborated on how the crypto token will rise to that level by breaking its price action into three targets. The first target was the yellow channel, which he highlighted on the chart.\u00a0 Related Reading: Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement? Source: X VeChain is expected to rise to as high as $0.18 when this target is fully achieved. Egrag noted that this will mark the \u201cforging of the MACRO-Bottom.\u201d The second target will see the crypto token rise to almost $0.9. The analyst pointed out that this channel \u201caligns with the Fib 0.702 &amp; 0.786 levels,\u201d forming what he referred to as the \u201cMid-Bull-Cycle.\u201d VeChain is expected to rise to as high as $2.5 when the last target is achieved. Egrag remarked that this target aligns with \u201ckey Fib levels 1.236, 1.414, &amp; 1.618, suggesting the potential cycle top for #VET.\u201d This isn\u2019t the first time the crypto analyst has laid a bullish narrative for the VeChain token.\u00a0 In February, he predicted that the crypto token could witness a 140x price increase if it repeats its price action from around 2021 when it rose by 14.638%.\u00a0 XRP Run To $1.4 Still In Play Egrag provided his bullish analysis of XRP in a separate X post. He stated that the crypto token\u2019s double formation was giving a \u201cstrong bullish signal.\u201d He added that he is confident that the \u201cthrust will soon.\u201d This recent analysis was an update to a previous one where he predicted that XRP would rise to $1.4 soon enough.\u00a0 Source: X \u00a0Back then, he was also confident that this move to the upside was imminent, noting that the bulls had accumulated all the XRP tokens that the bears had dumped. He urged XRP holders to \u201cstay steady\u201d in anticipation of the life-changing opportunities that may arise due to the crypto token\u2019s parabolic surge.\u00a0 Related Reading: Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree Egrag has remained bullish on the XRP token despite its unimpressive price action. He has predicted at different times that the crypto token could rise to as high as $27 at its market top.\u00a0 At the time of writing, XRP is trading at around $0.54, up in the last 24 hours, according to data from CoinMarketCap. VET price at $0.04 | Source: VETUSDT on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":604942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,83363],"tags":[3680,17209,12882,91588,87727,12884,91589,86723,79504,79505,4531,83637,13172,10972,78763],"class_list":["post-604929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-xrp","tag-ripple","tag-ripple-news","tag-vechain","tag-vechain-news","tag-vechain-price","tag-vet","tag-vet-news","tag-vet-price","tag-vetusd","tag-vetusdt","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Analyst Singles Out VeChain And XRP For Parabolic Surge, Here Are The 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Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.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. 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