Will XRP price pass $10? Insights from Crypto experts
Ripple Labs native XRP seems to be getting a lot of attention from crypto enthusiasts as it has generated significant price action on its daily time frame. In this brutal view, a famous crypto expert has presented a post on X (formerly Twitter), they boldly predict that XRP can reach 11 dollars in the coming days.
Professional bold prediction for XRP
In a post on X, the expert noted that XRP is currently consolidating in a high price action pattern similar to the flag and pole pattern on the daily time frame. They pointed out. During this consolidation, the price seems to be stuck in a narrow range and is facing resistance at the $2.73 mark.
Before XRP breaks this resistance level, there is a high probability that it will return to the $2.05 mark. Additionally, if the XRP price breaks further resistance level and daily candle closes above the $2.73 mark, there is a strong possibility that it may rise significantly towards the $11 level in the future.
In addition to this bullish prediction, XRP is currently trading at $2.42 and has seen a 1.50% price drop in the last 24 hours. During the same period, the trading volume decreased by 25 percent, indicating low participation of traders and investors.
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 now testing the $2.40 breakout level. Based on recent price action, if the asset holds this level and closes the daily candle above it, it could indicate further bullish momentum.
Based on the recent price action, if the altcoin holds above the $2.30 mark, there is a strong possibility that it will rise more than 40% to reach the $4.50 mark in the future.