- XRP chart marks Triangular Triumph, Bullish Hammer, and possible $1.2 momentum.
- Steady amid a unique surge, XRP bulls push beyond $0.65.
- The long-awaited XRP surge inches closer.
Despite the sudden dip caused by market corrections, the crypto realm is already on an upwards direction. As altcoins, rallied by Bitcoin (BTC) switch to green signals once again, crypto traders remain unfazed. In fact, many say the real altseason is yet to arrive.
Amidst these bullish expectations for altcoins, the popular crypto price analyst, Ergag Crypto, drops his latest prediction for XRP. Specifically, he believes XRP will hit $1 very soon and advises the XRP Army to stay steady.
In detail, the analyst says XRP painted a 3 month candle indicating bullish signs. He also shared other factors that point to a rapid surge soon. The first is the enduring Triangle formation remains intact, echoing confidence in the current bullish run.
Next he points out how previous cycles surpassed the Triangle’s measured move (Blue Line), and analysts anticipate a potential double or even triple-digit surge (Green Line) this time.
In addition, he draws light to the Bullish Hammer Candle Formation. In particular, he says the formation of a Bullish Hammer candle suggests a strong bullish sentiment, signifying potential upward movement.
Thus, Ergag Crypto foresees a swift test of the $1.2 mark in a single candle, projecting substantial financial gains. He says those who acquired XRP below 0.50c are potential visionaries, with expectations of substantial future gains.
Lastly he says purchasing XRP below the $1 mark might soon become a distant dream, emphasizing the rapid upward trajectory. The XRP community is urged to remain steadfast as XRP exhibits a unique trend, characterized by rocket-style ascents rather than traditional wave patterns on high time frames.
The current surge sees XRP bulls driving the price upward, with expectations of breaching $1 following a push beyond $0.65. Indeed, XRP holders have been waiting a long time for their significant gains, is their time finally here?