- Crypto analyst predicts an unprecedented 28,250% surge in XRP’s price to $144, driven by the ASO technical indicator and growing whale accumulation.
- Egrag’s analysis reveals a consistent trend in XRP’s price movements based on the Alligator Jaw indicator.
- Despite recent dips, positive sentiment and whale accumulation reinforce Egrag’s ambitious XRP price projection.
Renowned crypto analyst Egrag has sent shockwaves through the digital currency market with an audacious prediction of a jaw-dropping 28,250% surge in XRP’s price, aiming for an ambitious target of $144 per coin.
Read CRYPTONEWSLAND on
google news
Egrag’s bold projection hinges on the Average Sentiment Oscillator (ASO) or the Alligator Jaw indicator and the growing accumulation of XRP by crypto whales. This technical tool has historically signaled significant price shifts whenever its Light Blue Line crosses the Pinkish Line.
Notably, each time the Light Blue Line surged above the Pinkish Line, XRP experienced remarkable price jumps, while the opposite led to declines. This pattern, persistent since 2017, yielded a staggering 55,000% surge in 2017 and a subsequent 1,500% rise in 2021.
Egrag’s anticipation of a promising bullish cross comes amidst a recent price dip, with the Alligator Jaw approaching confirmation. However, the analyst refrains from specifying a timeframe, acknowledging the intricacies of predicting crypto market dynamics.
Despite recent fluctuations, the positive sentiment surrounding XRP remains robust. This sentiment is reinforced by the significant accumulation of XRP in more than 221 whale wallets, collectively holding an impressive 16 billion XRP tokens. This surge in confidence bolsters Egrag’s audacious projection of an astonishing $144.67 per coin—a seismic 28,250% surge from the present value of $0.5121.
As the crypto realm watches intently, Egrag’s bold forecast, combined with technical insights and market sentiment, shapes a narrative of potentially historic proportions for XRP’s trajectory.
Read also:
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
