“XRP could triple of digital gold goes according to expectation for the global macro cycle pulse for the next 12-36 months. Values-wise, assume supremely conservative Prices for XRP.”
Every move that XRP makes in the crypto market draws close scrutiny, as people search for potential trends and price action. A sentiment raised by prominent crypto analyst EGRAG CRYPTO (@egragcrypto) has recently piqued the community’s interest. Their analysis inscribes potential implications behind November closing for XRP, a closing that falls below Fib 0.50, ranging at $0.6069, could result in losing momentum for XRP and falling into a “yellow triangle terrain”. A bearish outlook could override any bullish behavior, requiring XRP to finish the month above said level between $0.60 and $0.61. Large yet short advertisements of news taking XRP to the $0.7 price ultimately were soon revealed to be fallacious and caused this potential increase to quickly decline. EGRAG CRYPTO suggests an analogy about building a tower- motions and prices now coud dictate how strong the foundation below XRP will lay. Adopting a long-term vision, the analyst recommends patience during the attempt to stabilize market position. He branches off this, establishing a key point at the $27 range and hypothesizing a realistic tripling effect in value for XRP if global macros become beneficial according to projections in the 12-36month periods. Making judgements based off Raoul Pal’s thoughts, that are priced as “supremely conservative,” yields strong implications for XRP.
