Parabolic Pump Incoming for XRP and VET, Analyst Charts Bullish Movement

• Ergag Crypto highlights bullish signals for XRP and VET.
• XRP shows double bottom formation; VET targets Fib levels.
• Anticipation grows post-Bitcoin Halving for XRP and VET price pumps.

Renowned crypto analyst Egrag Crypto has drawn attention to two prominent crypto assets poised for a potential parabolic surge. Specifically, Egrag Crypto has spotlighted XRP and VET, shedding light on bullish signals evident in their price charts.

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Both the XRP Army and VeFam as these respective communities refer to themselves, have been awaiting a massive surge for XRP and VET. Egrag Crypto shares chart movements and this time he expects a big price surge for the two assets. 

For XRP, Egrag Crypto has updated the consolidation zone to a supply zone and the wicking range to a demand and accumulation zone. Emphasizing the double bottom formation, Egrag Crypto believes this pattern signals a robust bullish sentiment, indicating an imminent thrust. 

With anticipation building among the XRPArmy, Egrag Crypto urges investors to stay steady, hinting at an impending ignition. Meanwhile, for VET, Egrag Crypto delineates three target channels.

The yellow channel signifies the forging of the MACRO-Bottom, while the blue channel aligns with Fib 0.702 & 0.786 levels, indicating the Mid-Bull-Cycle. Lastly, the green channel corresponds to key Fib levels 1.236, 1.414, & 1.618, hinting at the potential cycle top for VET. Egrag Crypto suggests that VET has the potential to unlock financial chains for investors.

With the recent successful completion of the Bitcoin Halving event, anticipation mounts within the crypto community for significant price pumps across various assets, including XRP and VET.

As crypto enthusiasts eagerly await new all-time highs, Egrag Crypto’s insights provide valuable guidance for investors navigating the dynamic crypto market landscape. How much longer will it take for these assets to set new ATHs? Time will tell.

Read Also

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• When Will VeChain’s VET Token Surpass the $0.0993 Milestone in 2024?